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5866.92
5824.79
18540.00
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103.620
1.08212
+0.00078
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1.08375
1.08123
1.29739
-0.00087
-0.07%
1.30144
1.29656
2731.62
+12.16
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2739.27
2718.79
70.627
+0.919
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【SEC chairman’s controversial reign over crypto is nearing ‘dusk’】 October 22, according to CoinDesk, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), is arguably the individual with the greatest influence on the direction of U.S. cryptocurrency policy, but his days in office are numbered. Gensler's five-year SEC term will expire on January 5, 2026, but according to tradition, if the opponent party enters the White House, the SEC chairman will step down. When reporters recently asked him if he would resign if Trump won, Gensler chuckled and said he would not comment on the election. But he added, "Elections have consequences."Gensler is a former Goldman Sachs banker and MIT professor who has taught cryptocurrencies and has a deep knowledge of finance and crypto assets. This year, the vast majority of senators voted to overturn a key crypto accounting policy of the SEC, indicating that they believe the SEC's regulatory actions are excessive. Sheila Warren, head of the Crypto Innovation Council, said: "Chairman Gensler has missed a lot of opportunities during his tenure at the SEC. Gensler favored enforcement over regulation, allowing American companies to "operate in the dark." Former President Trump won loud applause at a Bitcoin conference in July when he told attendees that he would fire Gensler. Trump's victory will bring a storm to the SEC chairman. When the opposing party enters the White House, SEC chairmen usually resign immediately, or at the latest when the new president takes office two months after Election Day. Former SEC Commissioner Daniel Gallagher recently predicted at an event in Washington, "If Trump wins, crypto will win."

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[Uniswap Labs Launches Unichain Without Unanimous Consent From UNI Token Holders] According To Protos, One Of The Largest Holders Of UNI Tokens Has Questioned Uniswap's Decentralization And Behind-the-scenes Dealings, Especially Its Rhetoric Of A Series Of Transformations On The Grounds Of "efficiency" And Possible Undisclosed Financial Interests Between Uniswap Labs And Another Blockchain, Optimism. Billy Gao, Head Of Governance At Stanford Blockchain Club At Stanford University (a Representative Entrusted By Thousands Of Individuals To Hold UNI Governance Tokens), Published A 22-post Complaint About Uniswap's Sudden Decision To Launch Its Own Blockchain, Cancel The Proposed Fee Switching Mechanism That Could Benefit UNI Holders, And Bypass The DAO That Ostensibly Governs Uniswap. Billy Gao Wrote That Unichain's Hasty Launch "surprised Many People" And Left "delegates In The Dark." He Also Noted That The Decision "substantially Changed" UNI's ERC-20 Contract, Which Is "immutable" Only Under The Strictest And Most Meaningless Definition - Because UNI Is Now Tied To A Brand New Blockchain. The Representative Questioned: "What Control Do Token Holders Really Have?" Gao Also Expressed Suspicion That There May Be Financially Motivated Behind-the-scenes Dealings Behind Uniswap's "illegal Behavior" To Bypass The DAO. Although He Did Not Make Formal Accusations, He Pointed Out That "there Must Be Reasons Behind Adopting The OP (Optimism) Stack To Support Unichain." Gao Asked Uniswap Labs Why It Chose OP And Why Everyone Should Believe That There Was No Behind-the-scenes Dealings In This Decision. Previously, Uniswap Developers Launched Its Own Layer2 Network Unichain Built On Optimism Technology

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