in

US Senate confirms MIT Blockchain lecturer and crypto expert Gary Gensler as SEC chief!

US Senate confirms MIT Blockchain lecturer and crypto expert Gary Gensler as SEC chief!



View Reddit by wd761gbc241View Source

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

46 Comments

  1. Just to be clear he is pro regulation. It is very bullish news for the states though now that we have someone in the SEC with a fundamental understanding of how block chain works.

  2. Do we have anyone here that has attended any of his lectures or classes at MIT? I just learned of his existence with this post and wondered about his intentions. Is he a good guy? Or is he the fella with the job of making sure the money stays in the same hands?

  3. Smart, humble guy. He likes to pitch things with a week notice. (I don’t know how many times he said “We’ll talk about this next Tuesday ” in the MIT course…

  4. He looked so familiar, this is the guy from which I have followed his blockchain course online . Hope he can improve SEC, and finally get them to do what they are supposed to do .

  5. , the paradigm shift is starting to turn towards us, from the bull run from last year, institutions buying into crypto, ipos of crypto market exchange and now the sec.

  6. Formerly Gensler was chairman of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market. He also was senior advisor to US Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002) and was Under Secretary of the Treasury for Domestic Finance, and Assistant Secretary of the Treasury during the Clinton Administration.

  7. The good thing here is, not just is he well versed in what crypto and blockchain actually are, but also that he understands the core principles and what over-regulation can do.

    Bullish AF.

  8. How is this not a massive conflict of interest in the current xrp case, essentially putting a crypto with great potential in the hands of a individual with more than lightly large stake in competing crypto currency’s

  9. People in this thread being anti-regulation are so incredibly short sighted it’s ridiculous. Congrats if you’re a purist and want nothing between your investments and yourself, but what about 95% of the population that don’t know how to operate any kind of crypto withrawal, deposit or wallet?

    Regulation would help streamline this stuff to behind the scenes and would open up the space to more ‘on the street’ citizens. No, regulation is not just this stuff, but would facilitate that to be developed safely and securely. Regulation is good. Over-regulation is bad, granted. Currently we have no regulation which is also bad.

  10. I’ve checked some comments on him, cross checking articles by [CNBC](https://www.cnbc.com/2021/04/14/gary-gensler-has-a-full-agenda-as-he-gets-set-to-take-over-the-sec.html) and [FORBES](https://www.forbes.com/sites/jonathanponciano/2021/04/14/gary-gensler-confirmed-sec-chairman/?sh=2933b9aa5862). Seems like Gensler is pro-regulation.

    ​

    >*”increase transparency and reduce risk in the market.”*

    His vision.

    ​

    >*”Unfortunately, when he was the chairman of the CFTC, Mr. Gensler demonstrated a willingness to push the legal limits of that agency’s authority,”*

    He seems to be a bit unorthodox?

    ​

    > “When it comes to enforcement, Mr. Gensler has shown he has the guts to take on bad actors, no matter how big, no matter how powerful they are, and he will hold them accountable,”

    Words too fluffy. Seems like Gensler wants to make a mark as the SEC, and he’s gonna give crypto space a lot of attention.

  11. That is such great news, having competent people in charge. It should also hopefully mean a crackdown on the legitimately shady Cryptos, like obvious Pump n Dumps, low effort ICO sales etc. At least, in the US..

Loading…

0

What do you think?

NFT Explosion Coming over Next 2 Years & Will Create Jobs, Say Insiders 101

NFT Explosion Coming over Next 2 Years & Will Create Jobs, Say Insiders

Waves sells Duck NFT “Perfection” for $1M; launches Duck Hunters to incentivize participation in Waves DeFi

Waves sells Duck NFT “Perfection” for $1M; launches Duck Hunters to incentivize participation in Waves DeFi » CryptoNinjas