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Bitcoin approaches 0.1 million USD on the same day that USA SEC Chairman Gensler announced his resignation effective January next year.
Gary Gensler, the chairman of the usa Securities and Exchange Commission (SEC), plans to step down on January 20, facing strong opposition from Wall Street and the cryptos industry regarding his ambitious agenda during his tenure. Afterward, the SEC will be led by either Mark Uyeda or Hester Peirce as acting chair, and the new SEC chair may adopt a more friendly regulatory approach towards cryptos.