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SEC Chairman: The outcome of the 2024 presidential election is not determined by the interests of the encryption interest groups' funding.
Golden Finance reported that Gary Gensler, the chairman of the U.S. SEC, said in an interview with CNBC Squawk Box host Andrew Ross Sorkin that he believes that the funds of cryptocurrency voters and digital asset interest groups are unlikely to affect the outcome of the 2024 U.S. presidential election, enabling elected President Donald Trump to win. He said, ‘I think that although, as you pointed out, this election raised funds from the cryptocurrency field, I don’t think that was the purpose of this election. This field, the cryptocurrency field, is a highly speculative field that has never complied with various laws, whether it’s anti-money laundering laws, sanctions laws, or in our case, securities laws.’