# The SEC After Gary

*Author: Bankless*
*Published: Nov 20, 2024*
*Source: https://www.bankless.com/fr/read/the-sec-after-gary*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image-15.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=read/trumps-sec-could-reshape-crypto-regulation=&email=true&email=true)

  
The SEC After Gary
  

  
  Published on Nov. 20, 2024

[
 
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Bullish BTC Bets
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image-21-1.png)- 🟠** BTC ETF Options Bonanza. ** iShares Bitcoin ETF (IBIT) options debuted with nearly $2B in notional volume and attracted [heavy bullish call sentiment](https://www.bankless.com/read/btc-etf-options-attract-bullish-bets).
- 📈** MicroStrategy Increases Convertible Note Sale. **MicroStrategy is [upping the size of its latest bond offering by 50%](https://www.bankless.com/read/microstrategy-increases-convertible-notes-sale) and has been the most actively traded stock in the world today.
- **👨‍⚖️ FTX Co-Founder Sentenced.** Gary Wang [will not face prison time](https://www.bankless.com/read/ftx-gary-wang-no-prison-time) in connection with his role at the collapsed crypto exchange.

.  .  .

 
  
    

    MARKET VIBES

  
  
Bitcoin ATH Again
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **While upside was nonexistent for many crypto tokens today, bitcoin achieved new all-time highs just below $95K on news that MicroStrategy will accelerate its cash raise to buy even more BTC. 

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.04T
       

  
    
    ↘ 0.6%
    
  

   
    
    ↗ 4.9%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $94,004
       

  
    
    ↗ 0.9%
    
  

   
    
    ↗ 4.4%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,057
       

  
    
    ↘ 2.4%
    
  

   
    
    ↘ 3.5%
         
  

  

.  .  .

 
  
    

OPINION

  
  
    
How Trump’s SEC Pick Could Reshape Crypto Regulation
  
  
   
     
     Bankless Author: 
     
       [
       
       Jack Inabinet](https://x.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/You-re-Fired-6-1-1.jpg)](https://www.bankless.com/read/trumps-sec-could-reshape-crypto-regulation)**President-Elect Donald Trump stole the crypto industry’s heart with promises to end the Biden Administration’s anti-crypto crusade and “fire” SEC Chair Gary Gensler on day one.**

While Trump has yet to propose a Gensler replacement and his ability to relieve sitting SEC commissioners appears legally dubious, crypto participants are nonetheless ecstatic about prospects that a new SEC chair will soon alleviate one of the industry’s greatest regulatory pain points.

Commissioners Hester Peirce and Mark Uyeda may have already removed themselves from contention for the chair, but both have been outspoken advocates for digital asset liberties and regulatory restraint throughout their tenures at the SEC.

*Today, we explore their dissenting statements in hopes of gleaning what a pro-crypto SEC might look like under Trump. 👇*

[Read More on Bankless.com](https://www.bankless.com/read/trumps-sec-could-reshape-crypto-regulation)
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