SEC Chair Gary Gensler will no longer be in his position by 2025, regardless of the 2024 US Presidential election outcome. His successor, chosen by either Trump or Harris, is predicted to be more favorable to the crypto industry, leading to better regulatory policies.
"one thing to note that is fundamental a bullish Catalyst for Bitcoin into next year that SEC chair Gary Gensler is gone no matter who's elected Gary Gensler has been the single worst regulator in the history of crypto imaginable and so the good news is and this was basically good news once Biden dropped out of the race um whoever Trump or Harris pick is going to be better than gendler and in a way because the crypto Community has done a pretty good job on the politics not only is Trump actively seeking their support but Harris is as well and so we know that we get someone better than gansler and hopefully we'll start getting favorable policy"
