Urgent: US Securities and Exchange Commission (SEC) Chairman Gary Gensler announced that Bitcoin is not a security.

The chairman of the US Securities and Exchange Commission (SEC), has been announced. Gensler has emphasized that Bitcoin is not considered a security. This means that Bitcoin is not subject to securities laws in the United States, and unlike some other cryptocurrencies that are classified as securities by the SEC, Bitcoin is exempt from this category.

This stance is of great importance to the cryptocurrency market, because if Bitcoin were to be classified as a security, it would have to be subject to stricter oversight by the SEC and more rules applied to its transactions. But with this announcement, Bitcoin remains a decentralized digital asset that can be traded more freely in markets.

Gensler's comments could have positive effects on the Bitcoin market, as regulatory and regulatory concerns that could have affected Bitcoin transactions are reduced.