Matt Sigel, the Head of Digital Asset Research at VanEck, stated that Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), is likely to be dismissed. Sigel believes that if Trump is re-elected, Gensler may leave; if Biden wins a second term, he might be appointed as the Treasury Secretary. Additionally, Sigel holds a negative view of Gensler's performance in cryptocurrency regulation.

<div>
<p>According to The Block, Matt Sigel, the head of digital asset research at VanEck, stated that Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), is likely to be fired. If Trump is elected, Gensler may leave; if Biden is re-elected, he may be appointed as the Secretary of the Treasury. When asked what Gensler did right in cryptocurrency regulation, Sigel firmly answered "nothing".</p>
</div>

VanEck executives predict that SEC Chairman Gary Gensler may be fired or reassigned.