Updates
Gary Gensler Resigns as SEC Chair, Borderless.xyz’s George Georgiades Weighs in on Regulatory Opportunity
Nov 21, 2024
November 21, 2024 – Borderless.xyz General Counsel George Georgiades shared his thoughts following the announcement of SEC Chair Gary Gensler’s resignation, effective January 20, 2025, as reported by TheStreet. Gensler, known for his strict enforcement approach toward the crypto industry, has been a polarizing figure within the digital asset space. His departure, coinciding with President-Elect Donald Trump’s inauguration, has sparked optimism in the crypto community, with many seeing it as an opportunity for a regulatory reset.
Georgiades highlighted the potential for more constructive engagement between regulators and the crypto industry under new leadership at the SEC. He emphasized that this shift in regulatory approach could position the U.S. to take a leadership role in blockchain and digital asset innovation.
For the full article, please visit The Street.
