In 2018, Gary Gensler said that Bitcoin and Ethereum are not securities.
Gary from 2018 Gensler’s A newly released video featuring him shook social media. In the video, Gensler’s Bitcoin (BTC) and Ethereum ( ETH ) indicates that Gensler has taken a firm stance since then. Gensler, more than 70 percent of the crypto market bitcoin, Ethereum, Litecoin, bitcoin cash stated that. When Gensler was asked why he refers to these four cryptocurrencies, he replied that they are not securities.
Gary Gensler’s Obsession With Securities Comes From The Past
Addressing four cryptocurrencies at a conference he held in 2018, Gensler emphasized that they are not securities. Among these cryptocurrencies, the most notable names were Bitcoin and Ethereum. Gensler, who has been keeping his perspective on cryptocurrencies for five years, mentioned these issues while giving a parliamentary speech in the past weeks.
Regulatory sanctions from the past to the present have flared up, especially in the last week. The SEC, which sued Coinbase and Binance one day apart, virtually blockaded the crypto industry.
