In a significant turn of events, SEC Chair Gary Gensler has announced his resignation, effective January 20, coinciding with the inauguration of Donald Trump. Gensler, who has been at the forefront of cryptocurrency regulation, leaves behind a contentious legacy marked by division and feuds over crypto policies. His departure has spurred a notable rise in Bitcoin and other cryptocurrencies, with many market participants reacting positively to the news. As the SEC prepares for a potential new leadership under Trump appointees, including speculations about regulatory sandboxes for crypto, the landscape of U.S. financial regulation is set for a major transformation.