This is KCBS Radio's daily Tech and Business Report. Today, KCBS Radio news anchor Holly Quan spoke with Bloomberg's Dave Liedtka.

The value of cryptocurrencies have been surging since Donald Trump's election night victory. One of the reasons is the likely departure of current SEC chair Gary Gensler.

You can hear our Tech and Business Report weekdays at 12:30 pm on KCBS Radio and for more, tune into Bloomberg Technology weekdays at 8 am.