Articles for tag: Bitcoin, cryptocurrency regulation, financial markets, Gary Gensler, investor protection, SEC, speculative assets

January 15, 2025

SEC Chair Gensler Calls Bitcoin Speculative Yet Compares It to Gold in New Insights on Cryptocurrency Value

SEC Chair Gary Gensler recently discussed Bitcoin’s speculative nature during a CNBC interview, comparing its global appeal to that of gold. He emphasized that while Bitcoin is not classified as a security, many other cryptocurrencies may fall under securities regulations, highlighting the need for investor protection due to the high risks involved in the crypto ...

January 9, 2025

Market News

Crypto

Gensler Advocates for Continued Crypto Oversight to Ensure Market Stability and Investor Protection

Gary Gensler is set to leave his position as chair of the U.S. Securities and Exchange Commission (SEC) on January 20, coinciding with President-elect Donald Trump’s inauguration. Before his departure, Gensler voiced strong concerns about the need for increased regulation in the cryptocurrency Market, especially regarding altcoins and intermediaries. In a recent interview, he pointed ...