According to Cointelegraph, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has had mixed attitudes toward cryptocurrencies since taking office in 2021. In an interview with Bloomberg Business on October 22, he wished a happy 16th anniversary of the release of the Bitcoin white paper and said that the SEC will continue to regulate through law enforcement.

Gensler stressed that the SEC will continue to rely on laws and rules from Congress and agencies to protect investors and promote capital formation and market development. He declined to comment on whether he would be fired if Trump is re-elected president in 2024.

The SEC’s crypto asset regulatory priorities are listed through 2025, and while many business leaders and lawmakers have questioned Gensler’s regulatory approach, he has not indicated that he will change that strategy.

The Bitcoin white paper was released on October 31, 2008, marking the 16th anniversary of Bitcoin. Although a recent HBO documentary suggested that Peter Todd might be Satoshi, there is still no conclusive evidence to reveal the identity of Bitcoin's founder.

At press time, Bitcoin is trading at $67,370, up more than 6% over the past 30 days.