A major enemy of#cryptocurrencyhas finally resigned and stepped down as the head of the regulatory agency…

The US Securities and Exchange Commission (SEC) has officially announced that#GaryGenslerhas stepped down as the head of the regulatory agency. This unexpected resignation marks the departure of a figure who has been widely criticized by the crypto community for his hardline stance on digital assets and issues related to blockchain technology. Many in the crypto space have viewed him as a major obstacle to innovation, often describing him as an “opponent” of crypto progress.

Gensler’s departure has sent the market into a tailspin, sending prices of various cryptocurrencies into a tailspin. Traders and investors are closely watching to see how this leadership change at the SEC could impact future regulatory policies. While some see his departure as a potential opportunity for more supportive regulations, the market remains highly unpredictable. This leadership shift could bring changes to the crypto landscape, but only time will tell how it will play out for the industry.