💡 Bitcoin and Ethereum Debate: Are They Securities or Not? 🔍
Outgoing SEC Chairman Gary Gensler said in an interview with Yahoo Finance
that the SEC “never said” that Bitcoin or Ethereum are securities. 🔸
The statement comes amid legal debates and questions from lawmakers about whether 🔸
Ethereum falls under the SEC’s jurisdiction.
In 2023, the SEC launched a formal investigation into the “Ethereum 2.0” project, raising questions 🔸
about its intentions toward Ethereum.
🌟 Gensler’s Notable Statements:
“Bitcoin is a highly speculative asset, but it’s like gold, with seven billion people around the world wanting to trade it.”
“Bitcoin and Ethereum are very popular, but other cryptocurrencies need better regulation to ensure the required disclosures.”