[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  BossTrader [@BossTraider](/creator/twitter/BossTraider) on x XXX followers Created: 2025-07-18 19:16:11 UTC 🔥 BREAKING NEWS! PRESIDENT TRUMP ANNOUNCES THE DEPARTURE OF FORMER SEC CHAIR GARY GENSLER! 🔥 This is indeed a significant development for the #crypto community and the broader financial regulatory landscape in the United States! President Trump has announced the departure of Gary Gensler from his role as the Chair of the U.S. Securities and Exchange Commission (SEC). This move was widely anticipated, as Gensler, appointed by the previous administration, had a contentious relationship with many in the cryptocurrency industry due to his aggressive enforcement approach. Key points regarding this development: * Anticipated Departure: Gary Gensler had previously announced his intention to step down from his position on January 20, 2025, the same day President Trump was inaugurated. While his term was set to run until 2026, it is customary for SEC Chairs to resign when a new presidential administration takes office. * "Day One" Promise Fulfilled: During his campaign, President Trump had explicitly stated his intention to replace Gensler on "day one" if elected, signaling a desire for a more crypto-friendly regulatory environment. This announcement aligns with that promise. * Impact on Crypto Regulation: Gensler's departure is largely seen as a win for the crypto industry, which has often criticized the SEC's "regulation by enforcement" approach under his leadership. The industry is hopeful that a new SEC Chair will bring more clarity and a more accommodating stance towards digital assets. * New Leadership Expected: President Trump is expected to nominate a new SEC Chair who is more aligned with his vision of making the U.S. the "crypto capital of the world" and fostering innovation in the digital asset space. Paul Atkins, a former SEC Commissioner, has been a leading candidate for the role and is widely viewed as "crypto-friendly." This announcement marks a new chapter for cryptocurrency regulation in the U.S., with the community eagerly awaiting the direction of the new SEC leadership. What are your thoughts on this change at the SEC and its potential impact on the crypto market? Let me know below! 👇 XX engagements  **Related Topics** [united states](/topic/united-states) [#crypto](/topic/#crypto) [gary gensler](/topic/gary-gensler) [donald trump](/topic/donald-trump) [breaking news](/topic/breaking-news) [Post Link](https://x.com/BossTraider/status/1946287906492162311)
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BossTrader @BossTraider on x XXX followers
Created: 2025-07-18 19:16:11 UTC
🔥 BREAKING NEWS! PRESIDENT TRUMP ANNOUNCES THE DEPARTURE OF FORMER SEC CHAIR GARY GENSLER! 🔥 This is indeed a significant development for the #crypto community and the broader financial regulatory landscape in the United States! President Trump has announced the departure of Gary Gensler from his role as the Chair of the U.S. Securities and Exchange Commission (SEC). This move was widely anticipated, as Gensler, appointed by the previous administration, had a contentious relationship with many in the cryptocurrency industry due to his aggressive enforcement approach. Key points regarding this development:
- Anticipated Departure: Gary Gensler had previously announced his intention to step down from his position on January 20, 2025, the same day President Trump was inaugurated. While his term was set to run until 2026, it is customary for SEC Chairs to resign when a new presidential administration takes office.
- "Day One" Promise Fulfilled: During his campaign, President Trump had explicitly stated his intention to replace Gensler on "day one" if elected, signaling a desire for a more crypto-friendly regulatory environment. This announcement aligns with that promise.
- Impact on Crypto Regulation: Gensler's departure is largely seen as a win for the crypto industry, which has often criticized the SEC's "regulation by enforcement" approach under his leadership. The industry is hopeful that a new SEC Chair will bring more clarity and a more accommodating stance towards digital assets.
- New Leadership Expected: President Trump is expected to nominate a new SEC Chair who is more aligned with his vision of making the U.S. the "crypto capital of the world" and fostering innovation in the digital asset space. Paul Atkins, a former SEC Commissioner, has been a leading candidate for the role and is widely viewed as "crypto-friendly." This announcement marks a new chapter for cryptocurrency regulation in the U.S., with the community eagerly awaiting the direction of the new SEC leadership. What are your thoughts on this change at the SEC and its potential impact on the crypto market? Let me know below! 👇
XX engagements
Related Topics united states #crypto gary gensler donald trump breaking news