Pro-Crypto SEC Chair Could Boost XRP & Ethereum: What Does This Mean for Their Prices?
President-elect Trump is looking at Teresa Goody Guillen as a pro-crypto SEC chair to replace Gary Gensler. This change could reshape cryptocurrency regulations. The news lifted hopes for XRP price and Ethereum market gains. A friendlier SEC approach might boost crypto values.
JUST IN:
— Watcher.Guru (@WatcherGuru) November 19, 2024President-elect Trump considers crypto lawyer Teresa Goody Guillén to replace Gary Gensler as SEC Chair, CoinDesk reports.
Also Read: Trump’s Win Sparks Market Rally—China’s Lead in Innovation Grows Stronger
How Teresa Goody Guillen’s SEC Role Could Impact XRP, Ethereum, and Crypto Regulations
Guillen’s Unique Regulatory Experience
Teresa Goody Guillen knows both sides of crypto regulation. She worked at the SEC’s Office of General Counsel from 2009 to 2011. Later, she defended crypto firms at Baker & Hostetler. That said, it is worth noting that she’s still under consideration, with no final decision made yet.
XRP and Ethereum Price Implications
A new SEC leader could help the XRP price and the Ethereum market to grow. Guillen might clear up legal issues for XRP and boost Ethereum’s standing. Masa’s co-founder Brendan Playford backs her, saying she’d bring “instant change” to how the SEC handles digital assets.
Also Read: Shiba Inu: This SHIB Investor Turned $10K Into $2.5 Billion
Trump’s Crypto-Focused Vision
Trump’s team is picking crypto-friendly leaders. They want to update crypto regulations while keeping markets stable. The team met with Coinbase CEO Brian Armstrong. Pro-Bitcoin voices Elon Musk and Robert F. Kennedy joined the administration.
Competition for SEC Leadership
Other choices include Robinhood’s Dan Gallagher, Patomak CEO Paul Atkin, and SEC commissioner Hester Pierce. All support crypto growth. They match Trump’s goal of backing digital assets until Congress makes clear rules.
Also Read: Top 3 Lucrative Stocks To Explore Per Jim Cramer
Market Sentiment and Future Outlook
Crypto investors see this as good news. A pro-crypto SEC chair would change current strict policies. XRP could gain from clearer rules. The Ethereum market might grow under updated oversight.
Read More
XRP vs Solana: 76% vs 11% Growth Potential – Which Crypto Wins in 2025?
Pro-Crypto SEC Chair Could Boost XRP & Ethereum: What Does This Mean for Their Prices?
President-elect Trump is looking at Teresa Goody Guillen as a pro-crypto SEC chair to replace Gary Gensler. This change could reshape cryptocurrency regulations. The news lifted hopes for XRP price and Ethereum market gains. A friendlier SEC approach might boost crypto values.
JUST IN:
— Watcher.Guru (@WatcherGuru) November 19, 2024
Also Read: Trump’s Win Sparks Market Rally—China’s Lead in Innovation Grows Stronger
How Teresa Goody Guillen’s SEC Role Could Impact XRP, Ethereum, and Crypto Regulations
Guillen’s Unique Regulatory Experience
Teresa Goody Guillen knows both sides of crypto regulation. She worked at the SEC’s Office of General Counsel from 2009 to 2011. Later, she defended crypto firms at Baker & Hostetler. That said, it is worth noting that she’s still under consideration, with no final decision made yet.
XRP and Ethereum Price Implications
A new SEC leader could help the XRP price and the Ethereum market to grow. Guillen might clear up legal issues for XRP and boost Ethereum’s standing. Masa’s co-founder Brendan Playford backs her, saying she’d bring “instant change” to how the SEC handles digital assets.
Also Read: Shiba Inu: This SHIB Investor Turned $10K Into $2.5 Billion
Trump’s Crypto-Focused Vision
Trump’s team is picking crypto-friendly leaders. They want to update crypto regulations while keeping markets stable. The team met with Coinbase CEO Brian Armstrong. Pro-Bitcoin voices Elon Musk and Robert F. Kennedy joined the administration.
Competition for SEC Leadership
Other choices include Robinhood’s Dan Gallagher, Patomak CEO Paul Atkin, and SEC commissioner Hester Pierce. All support crypto growth. They match Trump’s goal of backing digital assets until Congress makes clear rules.
Also Read: Top 3 Lucrative Stocks To Explore Per Jim Cramer
Market Sentiment and Future Outlook
Crypto investors see this as good news. A pro-crypto SEC chair would change current strict policies. XRP could gain from clearer rules. The Ethereum market might grow under updated oversight.
Read More