Biden Administration Expected to Tap Pro-Bitcoin Politician Gary Gensler

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With a number of leading politicos calling the presidential election for Biden, analysts have begun to wonder how Bitcoin will be affected. Gary Gensler is expected to be an advisor to the White House. Many see this as notable as the former CFTC chairman is a Bitcoin bull, saying the asset should be exempt from stringent regulation. Bitcoin Could Get a Boost from a Potential Biden Cabinet Member With a number of leading politicos calling the presidential election for Biden, analysts have begun to wonder how Bitcoin will be affected. According to the Wall Street Journal, Gary Gensler was just tapped to be an advisor to a Biden White House. Gensler is a public official that served as the 11th chairman of the Commodity Futures Trading Commission under President Barack Obama from May 26, 2009, to January 3, 2014. Gensler’s role will be to “examine financial regulators.” This is important,…

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