Gensler Warns of Bitcoin's Speculative Risks as SEC Prepares 2026 Crypto Exemption

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According to CoinEdition, former SEC Chair Gary Gensler warned that Bitcoin and most crypto tokens remain speculative and highly volatile, emphasizing the lack of traditional fundamentals. His comments contrast with the deregulation approach of current SEC Chair Paul Atkins, who is set to implement an innovation exemption in January 2026 to ease compliance for crypto firms. The exemption will allow token issuance without full SEC registration, aiming to accelerate development in DeFi. Since taking office, Atkins has overseen the launch of multiple crypto ETFs and the closure of prior enforcement cases.

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