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

Kia Kokalitcheva / Axios:

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.