Biden picks former CFTC chairman Gary Gensler, who taught courses on cryptocurrencies and blockchain at MIT, to head the SEC (Kia Kokalitcheva/Axios)

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Biden picks former CFTC chairman Gary Gensler, who taught courses on cryptocurrencies and blockchain at MIT, to head the SEC — Gary Gensler’s nomination to head the U.S. Securities and Exchange is welcome news for the cryptocurrency industry given his ongoing and deep interest in the technology.

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