10x Research: SEC Chairman Gensler may resign in early 2025

ChainCatcher news, 10x Research indicates that with Joe Biden exiting the U.S. presidential race, there currently seems to be no strong candidate to seriously challenge Donald Trump.

The results of the November election appear to be determined without any voting. For Bitcoin, this means a government supportive of cryptocurrency will take over the White House. Historical experience shows that when a new government comes to power, the SEC chairman usually resigns. Although the current SEC chairman Gensler's term does not end until June 5, 2026, he is likely to resign in January or February 2025, Beijing time.