Securities and Exchange Commission (SEC) Chair Gary Gensler announced that he will step down from his position this January ahead of President-elect Donald Trump's reentry into the White House. There has been wide speculation over who Trump could appoint to replace Gensler at the SEC, especially as bitcoin (BTC-USD) rallies nearer to $100,000 following the 2024 election results.

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This post was written by Luke Carberry Mogan.