Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), reiterated in an interview with CNBC that Bitcoin is not a security and that investors can now express their views on Bitcoin through ETF products. In addition, Gensler declined to comment on Trump’s proposed U.S. Bitcoin strategic reserve plan, saying this was due to his duties and election season considerations. He insisted that existing laws give the SEC the power to regulate the cryptocurrency sector, and said that "not liking the rules is not the same as having no rules." Gensler also pointed out that the cryptocurrency industry faces challenges in trust, and several industry leaders have been jailed or bankrupt. He emphasized that without investor protection and trust building, it will be difficult for innovative fields to survive. (Coindesk)