Citing Coinomedia, former U.S. SEC Chair Gary Gensler stated in a Bloomberg interview that most cryptocurrencies are speculative and volatile, but made an exception for Bitcoin. He described Bitcoin as more akin to a digital commodity, aligning with its treatment by the CFTC. Gensler emphasized that many tokens lack clear use cases and operate outside regulatory frameworks, while Bitcoin's regulatory status may remain distinct amid ongoing debates.
Gensler: Only Bitcoin Isn't Speculative
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