Gensler Calls Bitcoin ‘Highly Speculative’ Yet In-demand: 7 Billion Want To Trade It

Quick Summary:

In a recent interview with CNBC’s Squawk Box, outgoing US Securities and Exchange Commission (SEC) Chair Gary Gensler offered a nuanced perspective on the digital asset landscape, particularly focusing on Bitcoin (BTC) and the broader crypto market.

Despite the optimism surrounding Bitcoin, Gensler cautioned that policy uncertainties remain, particularly in light of the recent presidential transition.

Gensler also discussed the SEC’s efforts to implement reforms in the broader financial markets, including improvements in corporate governance and transparency.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: Hungary

Topics: DeFi Crypto Crypto news Bitcoin news Gary Gensler Bitcoin Btc price BTCUSDT SEC chair Cryptocurrencies Btc SEC Chairman Cryptocurrency Digital currency Crypto regulation Btcusd Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 09:30:53 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25173058

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Official Website: bitcoinist.com

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News Last Updated: 8 hours ago

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