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Gensler stepped down in January, following President Donald Trumps comment about firing him the first day in office.
Trump nominated Paul Atkins and Mark Uyeda to head the agency.
He described the change as unprecedented and beyond what anyone could have imagined.
The Trump Administrations Impact on Crypto
The regulatory shift aligns with Trumps stance on the crypto industry.
During his campaign, he promised to turn the United States into the crypto capital of the planet.
Trump also pledged to build a strategic bitcoin reserve.
Much has also happened since Atkins and Uyeda took over the SEC on Jan. 21.
The agency launched a new Cyber and Emerging Technologies Unit as well as the crypto task force.
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