SEC Chairman Gary Gensler may still take some actions against the crypto industry before leaving office, but these measures may be reversed soon. The crypto markets have been doing well since Donald Trump won the presidential election, and there are high expectations for the next four years. Gensler could take several actions, such as starting new investigations, filing lawsuits or finalizing rulemakings, but these actions can be undone by a new president or Congress.
Gensler may also be demoted, which would reduce his authority. The crypto industry is concerned about what Gensler will do in the final days of his term, and there is a chance that he could take aggressive action against the industry.
