Gary Gensler Confirmed As SEC Chair—Here’s What To Expect From The Goldman

The new SEC Chair is a former “a professor focused on cryptocurrencies and blockchain technology at the MIT Sloan School of Management”.

As the former CFTC head, he wasn’t afraid of more regulation, so his appointment’s impact on the crypto industry at large will be something to follow. His background and knowledge of the blockchain is a great addition to the SEC, but increased regulation could make trading more expensive and difficult for the retail crowd.