Based on Chainthink, former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler stated in a Bloomberg interview that all crypto assets except Bitcoin are high-risk and highly speculative. He emphasized that most tokens lack fundamental support and noted that Bitcoin is more commodity-like in a regulatory context. Gensler also denied that crypto regulation is a partisan issue and said the integration of crypto assets with traditional financial infrastructure after ETF listings is a 'predictable centralization trend.'
Former SEC Chair Gary Gensler: All Crypto Assets Except Bitcoin Are High-Risk Speculative
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