SEC Chairman Gary Gensler has been found to adopt a much more tolerant and inclusive stance in his speeches on the cryptocurrency industry prior to his presidency.
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC) 2018 at the Bloomberg conference he attended in New York in speech appeared. by Gensler, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) And Bitcoin Cash (BCH) not a security open was expressed in some way.
President Gensler used the following statements in his speech:
Bitcoin, Ethereum, Litecoin, and Bitcoin Cash account for more than 70% of the cryptocurrency market. Why am I talking about these? Because they are not securities.
While he was giving this speech at Massachusetts Institute of Technology (MIT) the absence of Gensler, who was working as a professor. of 5 years next SEC Chairman aspect US House Committee given in front of declaringat least Ethereum in their opinions about evident One change appeared to occur.
Gensler, Member of the House of Representatives in April by Patrick McHenry Ethereum securities aspect can’t be identified insist on the question net from giving an answer avoided.
President, as well as in 2018 at MIT to cryptocurrencies given to a at lessonthe cryptocurrency market 3 out of 4 securities not of these only commodity or cash stated that they were.
On the other hand, Gensler’s in 2019 from Algorand (ALGO) “a versatile currency” by the SEC, although it was mentioned as to Bittrex In the lawsuit filed, ALGO’s securities also to be described as experienced with events it came up again.
Gensler’s Ethereum And Algorand outside Bitcoin, Litecoin, Bitcoin Cash for your opinions to change No statement found. But other recently did some in conversations cryptocurrencies big part of securities had stated that.