GSR’s chief legal and strategy officer Josh Riezman said that he anticipated the SEC and CFTC would push through ambitious rules that could benefit the industry over the near term. “But then the next administration, depending on how that shakes out, we can be looking very much like a potentially Gensler 2.0 type scenario,” he said, referring to former SEC Chair Gary Gensler, who under President Joe Biden sued dozens of crypto companies.
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