Gary Gensler Resigns: News Sparks 15% Surge in XRP Price

XRP prices surged following SEC Chair Gary Gensler’s recent hint at resignation, sparking hopes for a crypto-friendly regulatory shift.

In a speech at the 56th Annual Institute on Securities Regulation, Gensler’s words sounded like a farewell, fueling speculation.

Gensler’s tenure saw strict crypto regulation; his departure could ease pressure on XRP, leading to optimism for digital asset policies.

Following Gensler’s hint, XRP jumped 15%, reaching $0.7961 with a $45.32B market cap as investors speculated on regulatory change.

As Gensler’s departure looms, critics hope for a new SEC chair who will balance innovation with crypto regulation.

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