Gary Gensler: ‘Crypto Needs to Build Trust,’ Reiterates Bitcoin’s Non-Security Status
28 Sep 2024
Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), has reiterated that Bitcoin (BTC) does not fall under the category of securities. His statement aligns with previous remarks made by the SEC, reinforcing Bitcoin’s status as a commodity rather than a security, unlike many other cryptocurrencies.
Gensler emphasized that while Bitcoin is recognized as a non-security,
