John Reed Stark, former head of the US Securities and Exchange Commission (SEC) Internet Enforcement Office, has suggested that Bitcoin (BTC) is a security that has not yet been registered with the SEC.
former official of the SEC John Reed Starka recent in sharing, of bitcoin He suggested that it might be an unregistered security. in sharing Ethereum (ETH) known as an advocate Evan Van Nessof Bitcoin mining industry 2 companies Quoting a post that he had come under his control, Stark said, “So how come Bitcoin isn’t a security that requires SEC registration?” he stated.
Van Ness shared the last 1,000 Bitcoin blocks mined in his post. from 50% more than Antpool and FoundryUSA stated that they belong to their company. Starting from this idea, Ness pointed out that Bitcoin fits the definition of a security offered by the SEC under monopolized terms.
SEC Chairman Gary Gensler has described Bitcoin as a commodity many times before. On the other hand, the Chairman of the US Commodity Futures Trading Commission (CFTC) Rostin Benham in the official records of FTX’s bankruptcy hearing, which took place recently. Bitcoin, Ethereum and Tether (USDT) for He used the words “commodity”.