Rumors have been rife in the cryptocurrency community over the past weekend about the potential resignation of Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC). <a href="https://twitter.com/MyCryptoAlert/status/1674962702945460224/retweets/with_comments" rel="noopener noreferrer nofollow">Reports</a> citing an anonymous official suggested Gensler was planning to step down following an internal investigation within the SEC. This speculation was put to rest when Eleanor Terrett, a Fox Business reporter, confirmed via her Twitter account that Gensler was not resigning from the SEC.Sharing a response from the SEC’s PR team, Terrett tweeted:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ec5389ddf1124886a6684e1e05b49386.png" />The rumors first began to circulate on Sunday when a website called TheCryptoAlert ran a story titled “SEC Sources Confirm Gary Gensler Resignation.” The story cited an anonymous official who allegedly disclosed that Gensler was considering resignation. Furthermore, it was also revealed that the phony news piece, along with the vast majority of articles on the site, was created by artificial intelligence (AI).This news caused a buzz in the crypto community, with many speculating on the potential impact of such a change in leadership on the crypto market. This is due to the fear that a new SEC Chair could potentially adopt even more <a href="https://cryptotale.org/bitcoin-value-dips-following-secs-critique-of-spot-btc-etf-filings/" rel="noopener noreferrer nofollow">stringent anti-crypto enforcement</a> measures. The rumors were further fueled by an anonymous tweet <a href="https://twitter.com/WhaleChart/status/1675469681384206336?s&#61;20" rel="noopener noreferrer nofollow">posted</a> by the handle &#64;WhaleChart, which reported that Gensler would resign following an internal investigation.Read full article at <a href="https://cryptotale.org/regulatory-landscape-remains-unchanged-genslers-resignation-debunked/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Regulatory Landscape Remains Unchanged: Gensler's Resignation Debunked

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