SEC Chairman Gary Gensler I hoped Bitcoin BTC/USD “Happy Sweet Sixteen'' ahead of the White Paper anniversary.
what happened: “This Halloween marks our 16th year,” Gensler said in an interview with Bloomberg Technology on Tuesday. satoshi nakamoto I wrote that white paper. I'm so happy, I'm turning 16 in a wonderful week. ”
Arguably the most important manuscript in the world of cryptocurrencies and blockchain, the Bitcoin Whitepaper was originally published by its mysterious creator on October 31, 2008.
In response to a question about the progress of regulatory developments in the cryptocurrency industry, the SEC chief said that distributed ledger technology and securities laws are not mutually exclusive, and that investors, like investors in other markets, should be aware of the associated consequences. He said he had a right to understand the risks.
“We have seen challenges in this sector where many people are losing money. Gensler added.
Related items: Amid Kamala Harris and Trump's Polymarket Hype, CFTC Chair Warns of Becoming an 'Election Cop' – Urges Congress to Act on Cryptocurrency and Election Gambling
why is it important: The SEC, led by Gensler, has increased its vigilance against crypto companies, with many prominent companies including: Binance, ripple laband coinbasehas faced lawsuits in recent years.
Influential crypto advocates include: mark cuban and anthony scaramucci They have harshly criticized Gensler's policies.
Additionally, Republican members of the five-person committee Mark Ueda and Hester Peircepublicly acknowledged the SEC's “regulation by enforcement” policy regarding the industry.
Mr. Gensler's leadership has also become an election issue for the crypto community. republican presidential candidate donald trump He promised to fire the SEC chairman if the vote returns him to power.
Photo: Created with images from Third Way Think Tank on Shutterstock and Flickr
Read next:
Market news and data powered by Benzinga API
© 2024 Benzinga.com. Benzinga does not provide investment advice. Unauthorized reproduction is prohibited.