Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), gave a speech on CNBC live broadcast today. Gensler, who also mentioned the leading cryptocurrency Bitcoin (BTC) in this speech, emphasized that BTC is not a security.
Gensler, who has claimed that many crypto assets are securities to date, said the following in his last speech:
âAs we have said before, Bitcoin (BTC) is not a security. Thanks to ETFs in the US, Bitcoin (BTC) can be invested in.
My predecessor as SEC chairman had already said that Bitcoin (BTC) was not a security.â
In addition to his statements about Bitcoin, Gensler also emphasizes that there are many scammers in the cryptocurrency sector and emphasizes that investors should be careful about these problems in the crypto market.
