Gary Gensler, the chair of the United States Securities and Exchange Commission, has been sending conflicting signals regarding cryptocurrencies since assuming leadership in 2021. In an interview on Oct. 22 with Bloomberg Business, Gensler initially avoided a question about regulating digital assets and instead wished Bitcoin a 'sweet sixteen' in reference to the cryptocurrency's white paper release in 2008. He emphasized the SEC's commitment to considering the risks of digital assets to investors and enforcing regulations. Despite facing criticism from business leaders and lawmakers, Gensler has maintained his stance on regulating the crypto industry. The SEC's Division of Examinations recently named crypto assets as a priority for 2025. As speculation swirls around the identity of Bitcoin's creator, the price of Bitcoin stood at $67,370 at the time of writing, marking a 6% increase in the last month. Read more AI-generated news on: https://app.chaingpt.org/news