After years of shaping financial regulations, Gary Gensler is shifting his focus from crypto enforcement to artificial intelligence.
The former SEC Chair is returning to MIT Sloan School of Management, where he will research AI’s role in finance and policy. His background in Wall Street, government oversight, and technology gives him a unique perspective on the evolving financial landscape.
At MIT, Gensler will co-lead the FinTech AI @ CSAIL initiative, working with Professor Andrew W. Lo and industry partners to explore AI’s financial applications. This marks a return to academia for Gensler, who previously taught blockchain courses at MIT and studied AI-related financial risks.
His time at the SEC was defined by aggressive enforcement, with over 125 actions against crypto firms, earning him a divisive reputation. However, he also oversaw the approval of crypto ETFs, expanding institutional access to digital assets.
Not everyone welcomes his return to MIT. Uniswap Foundation’s Devin Walsh, an MIT graduate, criticized the decision, calling it a waste of resources for students focused on innovation. Despite the backlash, Gensler’s shift to AI research signals his continued influence on the future of finance and technology.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
The latest market turbulence, fueled by geopolitical tensions and investor fear, offered a textbook case of how sentiment swings and whale behavior shape crypto price action.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.