Former SEC Chairman Repeats Stance, Labeling Vast Majority of Crypto as Speculative
Gary Gensler has once again cautioned investors about the risks associated with cryptocurrencies, labeling most assets as "highly speculative."Gary Gensler is an American government official and former investment banker serving as the chairman of the U.S. Securities and Exchange Commission.
Former SEC Chairman Repeats Stance, Labeling Vast Majority of Crypto as Speculative
Gary Gensler has once again cautioned investors about the risks associated with cryptocurrencies, labeling most assets as "highly speculative."
SEC Loses Gary Gensler’s Correspondence Due to IT Department Error
SEC lost the correspondence of former chairman Gary Gensler from October 2022 to September 2023, which also pertained to crypto regulation.
Former Congressman Reveals Gensler’s Private Support for Cryptocurrencies
Former U.S. Congressman Patrick McHenry stated that ex-SEC Chairman SEC Gary Gensler privately exhibited a more balanced view on cryptocurrencies than in his public statements. He shared this on the Crypto In America podcast. ?SCOOP: @PatrickMcHenry reveals that former SEC chief Gary Gensler was not as anti-crypto in private as he was in public. “I […]
Former SEC Chair Declares Bitcoin the Sole Worthwhile Crypto Asset
The vast majority of cryptocurrencies lack a real economic foundation and exist solely due to market expectations, according to former SEC Chair Gary Gensler in an interview with CNBC. “The prices of most tokens are determined not by economic factors, but by speculative sentiment. This is dangerous,” he noted. Gensler emphasized that Bitcoin remains the […]
Gary Gensler Returns to MIT as Professor After Leaving SEC
The Sloan School of Management at the Massachusetts Institute of Technology (MIT) announced the return of Gary Gensler as a professor. Having resigned on January 20, the former chairman of the SEC will engage in teaching and research in the fields of artificial intelligence, financial technology, and public policy. Gensler will also return to the […]
Gary Gensler says he ‘never called’ bitcoin or Ethereum securities
The SEC has never asserted that bitcoin or Ethereum are securities, outgoing chair Gary Gensler told Yahoo Finance. Reporter Jennifer Schonberger noted that this status even became the subject of legal proceedings during the approval of spot crypto ETFs. She also asked whether Gensler had wanted a different outcome on the applications. “My predecessor [Jay […]
Gary Gensler’s Departure: A Retrospective on the SEC Chair’s Tenure
On January 20, 2025, one of the most unpopular figures in the cryptocurrency community, Gary Gensler, will step down as the head of the SEC. On January 20, 2025 I will be stepping down as @SECGov Chair. A thread ?⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 “I thank President [Joe] Biden for entrusting me […]
Tyler Winklevoss Denounces SEC Chair Gary Gensler
Gemini co-founder Tyler Winklevoss has denounced Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), labeling him as “evil.” Let’s all be clear on one thing. @GaryGensler is evil. He should never again have a position of influence, power, or consequence. Any company, university, or organization that hires or works with him […]
Crypto Industry Awaits Change as Trump’s Victory Sparks Optimism
The election of Republican candidate Donald Trump as President of the United States is seen as a catalyst for the development of the digital asset sector in the country, according to participants in the crypto industry. Gemini co-founder Cameron Winklevoss expressed satisfaction with the outcome of the race. Time to build baby build! ?? — […]
SEC Commissioner’s Critique: A ‘Disastrous’ Approach to Crypto Regulation
SEC Commissioner SEC Mark Uyeda stated on FOX Business that the regulator’s stance on digital assets is “a disaster for the entire industry.” The official acknowledged that the Commission’s approach was “wrong.” The agency should have provided clear guidelines before enforcement actions. “Our policy and approach over the past few years have simply been a […]
Gary Gensler Questions Cryptocurrencies as Payment Tools
Bitcoin and other cryptocurrencies are likely to be seen as stores of value rather than widely used payment instruments in the future. This was stated by SEC Chairman Gary Gensler, according to CoinDesk. “This is 3000 years of history. Hundreds of great nations, thousands of nation-states—we tend to have one currency. We are not even […]
Mark Cuban Expresses Interest in Leading the SEC
Mark Cuban has expressed a desire to become the chairman of the U.S. Securities and Exchange Commission (SEC). The billionaire made this remark in response to a FOX News query about a potential appointment in Kamala Harris’s administration, should she be elected President of the United States. JUST IN: ?? Billionaire Mark Cuban States he […]We use cookies to improve the quality of our service.
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