- Gensler will focus on AI, financial technology and finance.
- The announcement comes a week after resigning as president of the dry.
- Gensler is presented as one of Washington DC’s firmer firmer opponents
One of the best crypto opponents is the return to the university world.
The former president of the Securities and Exchange Commission, Gary Gensler, will return to the controversial four -year -old passage at the head of the regulator.
His teaching and research will focus on artificial intelligence, finance, financial technology and public policies, according to a press release from the prestigious university.
“I am delighted to collaborate once again with the distinguished team of MIT researchers creating a better future for all artificial intelligence, finance and technology,” said people in a statement.
The news arrives a week later Leaving market guard dog The same day that Donald Trump was inaugurated. Before resigning, he had become crypto The common enemy After being the repression of the agency against industry.
At the MIT, Gensler will be co -director of the Fintechai initiative, exploring the intersection of AI and finance.
Its new emphasis on AI arrives at a crucial moment for the American technological industry. Earlier this week, the market entered free fall After a dubbed Chinese artificial intelligence startup In depth surface. The startup has brandished an AI assistant who operates at a discount on the OPNAI of AI based in the United States and its Chatgpt product.
The ignition – which destroyed more than $ 1 billion of the larger scholarship – was also exacerbated by deriving investors in anticipation of the meeting of the Federal Committee of the Open Market on Wednesday by the Federal Reserve.
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Gensler was co -director of MIT Fintech @ csail and senior advisor to the MIT MIT MIT LAB digital currency immediately before joining the dry.
Anti-Crypto position
By virtue of peopleler, the SEC continued a number of prosecution against large companies such as Coinbase, Binance and RippleWhile also marking a number of tokens as unregistered titles.
His difficult approach was not limited to crypto.
While directing the Commodity Futures Trading Commission from 2009 to 2014, it was also known as a hard blow from industry – boring Wall Street and implementing new Swap rules in the aftermath of the 2008 global financial krach.
“Those who have known people in all of his regulatory career know that he has an imperative attitude that tends to rub the industry and his deciduous colleagues in the wrong direction,” said Sean Tuffy, a regulatory expert and structure of market, said previously DL News.
“He is Not a warm and blurred guySaid Tuffy.
Pedro Solimano is a market correspondent based in Buenos Aires. Do you have a tip? Send him an email to psolimano@dlnews.com.