SEC Chair Gensler Admits to Never Owning Crypto Ahead of Resignation and Ripple Deadline

Quick Summary:

Regarding Bitcoin, Gensler stressed that the SEC has never classified it as a security.

The SEC chair also clarified that he has never owned any cryptocurrencies and has consistently maintained this stance for the past seven or eight years.

Gensler said that the SEC’s role is to enforce laws, ensuring transparency and protecting against fraud and manipulation.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 13:40:16 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 25177025

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 26 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #112

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