SEC Chairman Gary Gensler hinted at his potential departure from the commission in a recent statement, sparking speculation within the crypto community. Gensler emphasized the need to update rules in various markets, including the crypto sector, where he has been aggressive with enforcement actions. Ripple CEO Brad Garlinghouse and MicroStrategy Chairman Michael Saylor reacted positively to the news, suggesting Gensler's exit could lead to a more favorable regulatory environment for cryptocurrencies. XRP enthusiasts believe his departure could also lead to a settlement in the SEC v. Ripple lawsuit, contributing to a surge in the price of XRP.



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