Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), will continue to sue crypto companies, following the momentum he has maintained so far. That's according to analysts at investment bank TD Cowen, who believe the official has found a new foothold for his actions, after a court recently ruled in favor of the regulatory agency.

The ruling came amid the debate that has been pitting the crypto industry and regulators against each other over whether crypto assets fall into the category of securities or commodities.
For the SEC, most cryptocurrencies are securities, and the agency only qualifies bitcoin (BTC) as a commodity. While on the other hand, the digital asset industry believes that it is necessary to legislate and pass laws that provide clarity to regulate the crypto-asset sector.
Nonetheless, in 2023 the SEC filed a flood of lawsuits against several companies in the bitcoin (BTC) and other cryptocurrency ecosystem. And now, analysts at TD Cowen anticipate that Gensler will continue to sue crypto companies and also issuers of crypto companies, at least for the next two years, until his term ends in June 2026.