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SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules – TON BOT

SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules

SEC Chair Gary Gensler confirmed that Bitcoin is classified as a commodity and not a security, amidst ongoing regulatory scrutiny of cryptocurrencies. He criticized the crypto industry for ignoring existing regulations, while Ethereum’s status remains uncertain. Gensler emphasized the need for stronger regulatory frameworks to build investor trust in the market.


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