Crypto community's petition to remove Gensler as chairman of the SEC nears 20,000 signatures crypto sec xrpsec coinsec
accusing the former head of the CFTC and the current head of the SEC of obstruction of justice for failing to enforce laws relating to naked short selling and for failing to provide competent oversight of market makers, referring to the activities of Citadel Securities.
So far, almost 19,000 people have signed the petition on change.org. Although the mechanism does not require a certain number of signatures, it is believed that when 100,000 signatures are reached, the petition must be considered by the authorities.It is possible that Citadel Securities pushed the authors to create the petition.
It was under Gensler that the regulator took a tougher stance on digital assets. The SEC's more aggressive approach, calling certain tokens securities, is as it could cause problems for the industry. Such a label triggers strict requirements to protect investors. Crypto enthusiasts say many of these restrictions are incompatible with digital assets.Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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