Gensler defends his crypto policies amid Trump’s push for change, highlighting continuity with Jay Clayton.
Gensler defended his regulatory stance, emphasizing continuity with former SEC Chair Jay Clayton’s approach.
He argued that the agency’s stance under his leadership aligned closely with the policies of his predecessor, Jay Clayton. “I am proud to follow on and continue on Chair Clayton’s leadership. And I say this because we didn’t actually differ much.” He noted that Clayton’s tenure, from May 2017 to December 2020, saw approximately 80 crypto-related enforcement actions. The SEC has maintained this level of vigilance under his leadership.during Gensler’s recent testimony said,Under Gensler’s leadership, the SEC has targeted major crypto firms like Coinbase and Binance, accusing them of operating unregistered exchanges. This intensity was less pronounced during Clayton’s tenure.
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