- The SEC, under Gary Gensler's leadership, has been pressuring the cryptocurrency industry and has initiated over 100 legal actions against crypto entities. - Coinbase is engaged in a legal struggle against the SEC, challenging its practices and seeking accountability. - Gensler has faced criticism for the SEC's tough stance on cryptocurrencies. - With Gensler's resignation and the anticipated appointment of a more crypto-friendly chair, the regulatory landscape for cryptocurrencies in the US may undergo changes. - The outcome of Coinbase's legal battles and Gensler's departure will be closely watched as they could indicate a new chapter in cryptocurrency regulation in the United States.



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