Trump criticizes former SEC Chair Gensler for harming crypto industry
President Trump has criticized former SEC Chair Gary Gensler for his handling of the crypto industry, claiming it nearly led to its destruction. The current administration is moving towards a more lenient regulatory framework for digital assets, including potential stablecoin legislation. This shift marks a significant departure from the previous administration's enforcement-heavy approach to cryptocurrency regulation.
- ▪Trump accused Gensler of nearly destroying the American crypto industry during his tenure.
- ▪Treasury Secretary Scott Bessent stated that the previous administration's policies nearly destroyed the industry.
- ▪The new administration has begun rolling back the strict regulatory environment established by Gensler.
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Trump criticizes former SEC Chair Gensler for harming crypto industry The administration is dismantling Gensler-era enforcement policies and pushing for new digital asset frameworks, including stablecoin legislation. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); President Trump has taken direct aim at former SEC Chair Gary Gensler, accusing him of nearly destroying the American…
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