Gary Gensler, the former chair of the SEC, has lost his verified status on the X social media network, symbolizing the end of his era cracking down on the crypto industry. The cryptocurrency community sees this as the start of a new chapter in US crypto regulations. The social media network, now called X, implemented new visual identity signals, including gold checkmarks for verified organizations. Republican SEC Commissioner Mark Uyeda has been appointed as the agency's new acting chair, known for criticizing anti-crypto policies. Former SEC Commissioner Paul Atkins is expected to take over once confirmed by the Senate.



Other News from Today