Based on Cointribune, former SEC Chair Gary Gensler emphasized in a Bloomberg interview that Bitcoin stands apart from most other crypto tokens, which he described as speculative with little economic backing. He warned investors to be cautious, noting that only stablecoins tied to the US dollar have consistent support. Gensler also highlighted ongoing enforcement actions against unregistered exchanges and stressed the need for fair market access and investor protection.
Gensler Highlights Bitcoin's Unique Position Amid Crypto Market Scrutiny
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