Gary Gensler, former chair of the Securities and Exchange Commission, has returned to the Massachusetts Institute of Technology (MIT) as a professor to teach and research AI in finance, financial tech and regulatory policy.
Crypto exchange Gemini won’t be hiring any graduates from the Massachusetts Institute of Technology unless the university drops former Securities and Exchange Commission chair Gary Gensler from his teaching role.
Gemini has said that it will not hire graduates from MIT for as long as former SEC Chair Gary Gensler remains a professor at the university.
Former SEC Chair Gary Gensler, known for his strict stance on cryptocurrency regulations, will soon be teaching economics at MIT.
President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
Former SEC Chair Gary Gensler is returning to MIT as a Professor of the Practice and co-director of FinTechAI, transitioning from his role as crypto industry regulator to focusing on artificial intelligence and finance research and education.
Some crypto firms worry that the agency's harsh enforcement actions may still impact them months or years into a new administration.
The newly inaugurated Trump White House taps the contrarian commissioner as temporary head amid a slew of walk-outs from the agency.
As guidelines from the Trump administration trickle down, they will likely fall under these government agencies to implement.
The decision comes amid Gemini's ongoing dispute with the SEC, which dates back to at least March when the exchange agreed to pay $21 million in fines to settle SEC allegations of selling unregistered securities through its Gemini Earn program in partnership with the now-defunct crypto firm Genesis.
A new report from the financial insights firm Cornerstone Research claims that Gary Gensler slowed down crypto enforcement actions in his final year as the U.S. Securities and Exchange Commission (SEC) chair.
On Jan. 17, just days before Gary Gensler's final day as SEC chair, a flood of cryptocurrency ETF filings were submitted to the U.S. Securities and Exchange Commission (SEC).