SEC Chairman Gensler Clarifies BTC and ETH as Non-Securities, Industry Skeptical of SEC's Success
TL;DR Summary
A video from 2018 has surfaced featuring Gary Gensler, now-chair of the US Securities and Exchange Commission (SEC), stating that Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are "not securities." This contrasts with Gensler's recent actions at the SEC, which have seen the regulator initiate a flurry of enforcement action on the crypto space. In his capacity as SEC chair, he has suggested that all cryptocurrencies other than Bitcoin are securities. The comments in the video are another contrast from Gensler's more recent views on Ethereum.
- SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video Cointelegraph
- ‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance CoinDesk
- I’m Not Sure the SEC Is Going to Be Successful,’ Says a Professor at the University of Sussex Coinpedia Fintech News
- Gary Gensler hasn't always believed everything but bitcoin is a security Protos
- The SEC has spoken: The future of finance is not in America Forkast News
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