Chair

Bitcoin

Gary

Squawk

SEC Chairman Gary Gensler appeared on CNBC's Squawk Box today. Gensler made important statements regarding Bitcoin and cryptocurrencies.
Stating that the cryptocurrency sector has experienced many problems due to fraud cases, Genler reiterated that Bitcoin is not a security and said:
<blockquote>
 “The cryptocurrency industry is struggling with a lot of scammers in the field.
 I'm talking about the crypto industry. Look, not liking the rules doesn't mean there aren't rules.
 Bitcoin is not a security.
 My predecessor and I said Bitcoin is not a security. Now there is a way to invest in it through ETFs.”
</blockquote>
Gensler also spoke about the famous billionaire cryptocurrency supporter Mark Cuban's request to be the SEC chairman if Kamala Harris becomes president, saying, “I am honored to be in this job, and if Mr. Cuban wants this job, it is because it is one of the best jobs in Washington.”
The richest man in the world, Elon Musk, has harshly criticized Mark Cuban, who has requested the position of SEC chairman instead of Gray Gensler if Kamala Harris becomes the next US President.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 "I feel honored to be in this job and if Mr. Cuban wants the job, it's because it's one of the best jobs in Washington," says <a href="https://twitter.com/GaryGensler?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@GaryGensler</a>, Chair <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SECGov</a>, about <a href="https://twitter.com/mcuban?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@mcuban</a>. <a href="https://t.co/tQFePnS8M8" rel="noopener noreferrer nofollow">pic.twitter.com/tQFePnS8M8</a>
 — Squawk Box (@SquawkCNBC) <a href="https://twitter.com/SquawkCNBC/status/1839271513536540765?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 26, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/sec-chairman-gary-gensler-talks-about-bitcoin-btc-and-cryptocurrencies-comments-on-mark-cubans-request/" rel="noopener noreferrer nofollow">SEC Chairman Gary Gensler Talks About Bitcoin (BTC) and Cryptocurrencies! Comments on Mark Cuban's Request!</a>

SEC Chairman Gary Gensler Talks About Bitcoin (BTC) and Cryptocurrencies! Comments on Mark Cuban's Request!

Bitcoin Sistemi EN

Other articles published on Sep 26, 2024

MicroStrategy Acquires 7,420 More Bitcoin, Bringing Total Holdings to 252,220 BTC

UAE Investment entities to monetize flared gas to power AI, Blockchain, Bitcoin datacenters

Bybit Unveils HAMSTER Virtual Card, Blending Crypto Convenience with Playful Design

Huddle01 to Launch Node Sale to Expand its Video Network, after hosting 6 million minutes of meet...

DeltaPrime DeFi Protocol Lost $5.9M in Ongoing Exploit: Report

Michael Saylor's MicroStrategy to Issue $700M in Senior Convertible Notes to Buy More Bitcoin

Join our free newsletter for daily crypto updates!