US Securities and Exchange Commission Chairman Gary Gensler spoke for the first time after the spot Bitcoin ETF approval.
SEC Chairman Garys Gensler, for the first time after the approval of spot Bitcoin exchange-traded fund (ETF) applications CNBC’s Squawk Box He spoke on his programme. Gensler, alluding to cryptocurrencies, said, “Most tokens are securities and will be valued under securities laws” he stated.
In addition to this statement, the President stated that platforms providing services related to Bitcoin or other cryptocurrencies must comply with federal law reminded.
Gensler, who has described crypto currencies as securities many times in the past period, said that ETF approval is at this point. didn’t change their minds he stated.
Gensler, who is constantly at the center of discussions with his attitude towards cryptocurrencies, interestingly The person who voted for the spot Bitcoin ETF approval had happened. In the vote among the 5 committee members of the SEC, 3 people, including Gensler, voted yes, while 2 people opposed the ETF approval.