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Biden to Name Gensler as SEC Chairman, plus more on Crypto Policy

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Biden to Name Gensler as SEC Chairman, plus more on Crypto Policy

Sources say that President-Elect Joe Biden will name Gary Gensler to be Chairman of the Securities and Exchange Commission (SEC). This move will likely drive stricter regulations on banks and lighter regulations on the crypto and blockchain industries.

Also held yesterday was a session led by Real Clear Policy on the impact of a Biden Administration on cryptocurrencies. It featured

  • Commissioner Hester Peirce, U.S. Securities & Exchange Commission
  • Rep. Patrick McHenry (R-NC), Ranking Member, House Financial Services Committee
  • Professor J.W. Verret, Antonin Scalia Law School, George Mason University
  • Dr. Roslyn Layton, Senior Contributor on Tech Policy, Forbes

See below for some highlights:

Rep. McHenry on the Gary Gensler rumors:

Commissioner Peirce on Crypto Regulations:

Professor Verret on bipartisanship:

Dr. Layton on Ripple’s XRP:

Commissioner Pierce on Privacy:

Dr. Layton on the Biden Administration:

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