Teresa Goody Guillen, a potential candidate for the position of Securities and Exchange Commission (SEC) Chair, has expressed her desire to make the SEC and the crypto industry great again under Trump's presidency. She emphasizes the need to restore trust, engage with the industry, and end regulation by enforcement. Guillen aims to clarify crypto rules, remove unnecessary obstacles, and promote innovation while protecting investors and positioning America as a leading country in the financial world. Her appointment could bring positive changes for the crypto industry as she has experience in blockchain and can bridge the gap between traditional finance and cryptocurrencies. Additionally, Guillen's leadership skills could result in more collaborative regulations for cryptocurrency, providing a solid framework for digital assets and attracting investments. It is worth noting that Gary Gensler will be departing from the SEC Chair position effective January 20th, 2025, and has stated that Bitcoin is not considered a security by the agency, while other cryptocurrencies that meet SEC criteria require proper registration and disclosure.



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