Gary Gensler named chair of the SEC
The U.S. Senate confirmed the nomination put forward by President Joe Biden for Gary Gensler to head the U.S. Securities and Exchange Commission (SEC). In March, Gensler spoke positively about blockchain, bitcoin and cryptocurrencies. He also called digital gold 'a catalyst for change'. 'Bitcoin and other cryptocurrencies have brought new thinking to payments and the accessibility of financial services, but they have also raised new investor-protection questions that we still need to address,' said Gensler.