Gary Gensler congratulates Bitcoin on upcoming anniversary of white paper publication

Gary Gensler congratulates Bitcoin on upcoming anniversary of white paper publication

SEC Chairman Gives Interview to Bloomberg

He spoke about the Commission's attitude to innovation, the risks of implementing AI and regulating the crypto sphere

Gensler also congratulated Bitcoin on its upcoming anniversary

October 31, 2024 will mark 16 years since the publication of the project's white paper.

US Securities and Exchange Commission (SEC) Chairman Gary Gensler congratulated Bitcoin on its upcoming anniversary in an interview with Bloomberg. October 31, 2024 will mark 16 years since Satoshi Nakamoto published the project's white paper

During the interview, the host touched on a number of issues, including the Commission's attitude towards innovative technologies. According to Gansler, the use of such tools, including AI, should serve the interests of clients, and it is the SEC's job to make sure that this is the case.

The head of the regulator believes that concerns about the systemic risk caused by the use of such solutions in the financial sector are justified. When asked whether the regulatory framework needs to be brought into line with such a threat, Gensler answered in the affirmative.

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