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With Gary Gensler's appointment as the chair of the Securities and Exchange Commission, he advocated for a rigorous approach towards regulating the hubs investors utilize for crypto transactions. Given this backdrop, could the ongoing dispute surrounding Coinbase potentially be resolved if Mr. Gensler's position is filled by a different individual? While his stance on crypto regulation is clear, would a change in leadership at the SEC lead to a shift in approach that might ease tensions surrounding Coinbase and other crypto platforms?
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