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FOX Business senior reporter Charles Gasparino clarified the meaning of cryptocurrency investment warnings issued by SEC Chairman Gary Gensler.
<h2 id="securities-lawyers-working-for-sec-gary-gensler-s-cryptocurrency-warnings-harbinger-of-bitcoin-spot-etf-approval">Securities Lawyers Working for SEC: “Gary Gensler's Cryptocurrency Warnings Harbinger of Bitcoin Spot ETF Approval”</h2>
Top securities lawyers working with the SEC believe Gensler's recent crypto warnings are a prelude to the imminent approval of a spot Bitcoin ETF, Gasparino claims.
According to the lawyers, Gary Gensler wants it to be recorded that he warned about the following issues:
<ul>
 <li>“Bitcoin is a speculative, volatile asset and is similar to a fiat currency with dubious backings, such as the Argentine peso.</li>
 <li>Other digital assets shape etc. It is not the same as Bitcoin. The world does not need or care about a glut of “fiat” digital assets like the Argentinian peso.</li>
 <li>Governments could take regulatory steps that would harm Bitcoin.</li>
 <li>The crypto ecosystem has been invaded by law breakers and scammers.</li>
 <li>There is no longer any obstacle to SEC approval; The SEC is a disclosure-based and process-based regulator. The risks are now known and the trading processes are adequate. However, investors are warned, the risks are extremely high and processes outside the USA cannot be controlled.”</li>
</ul>
Related News: <a href="https://en.bitcoinsistemi.com/huge-claim-ceo-of-the-company-with-bitcoin-spot-etf-application-says-ripple-xrp-spot-etf-is-next/" target="_blank" rel="noopener noreferrer nofollow">Huge Claim: "CEO of the Company with Bitcoin Spot ETF Application Says Ripple (XRP) Spot ETF is Next"</a>
However, Gasparino stated in his statement that he did not say that the approval of Bitcoin Spot ETFs was certain, but only quoted lawyers.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/what-do-sec-chairman-gary-genslers-recent-two-day-cryptocurrency-warnings-mean-are-they-a-sign-of-bitcoin-spot-etf-approval-journalist-gets-information-from-sec-source/" rel="noopener noreferrer nofollow">What Do SEC Chairman Gary Gensler’s Recent Two-Day Cryptocurrency Warnings Mean? Are They a Sign of Bitcoin Spot ETF Approval? Journalist Gets Information from SEC Source</a>

What Do SEC Chairman Gary Gensler’s Recent Two-Day Cryptocurrency Warnings Mean? Are They a Sign of Bitcoin Spot ETF Approval? Journalist Ge...

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