Gary Gensler to Step Down as SEC Chair, Ripple (XRP) Surges 25% and Bitcoin (BTC) Nears $100,000

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6 months ago bitnews

The bane of the cryptocurrency industry’s existence, Gary Gensler, will step down as Chair of the US Securities and Exchange Commission (SEC). The market surged in response to news of Gensler’s upcoming departure, with Ripple (XRP) up nearly 26%, while Bitcoin (BTC) nears the vital $100,000 mark.