SEC Chair Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday — Says Let’s Make Sure Crypto Investors Get Proper Protection – Bitcoin News

11


FX Job Fair 728×90

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has wished Satoshi Nakamoto’s Bitcoin whitepaper a happy birthday. “It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper protection,” said the SEC chairman.

SEC Chair Gary Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday

Satoshi Nakamoto introduced Bitcoin to the world approximately 14 years ago today with the publication of the Bitcoin whitepaper.

Many people tweeted happy birthday to the pseudonymous creator’s whitepaper, including the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler. He wrote on Oct. 31:

Happy 14th birthday to Satoshi Nakamoto’s whitepaper! It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper protection.

At the time of writing, his tweet has received nearly 2,500 comments and has been liked more than 5,200 times.

While some people thanked him for recognizing Satoshi Nakamoto’s seminal work, many claimed that the SEC boss doesn’t have crypto’s best interest in mind, with some accusing him of trolling. A few urged Gensler to clarify crypto regulation. Some slammed him for not approving a bitcoin exchange-traded fund (ETF) while others reminded him that he doesn’t have jurisdiction over the crypto industry as Congress has not granted him the authority.

Crypto lawyer and XRP supporter John Deaton replied to Gensler:

Quit acting like you wouldn’t hand Satoshi a subpoena if you could.

Gensler has been criticized by lawmakers and industry participants for his enforcement-centric approach to regulating the crypto sector. Last month, he said he has asked SEC staff to fine-tune crypto compliance. He wants to regulate the crypto sector using “one rule book.”

Many people have urged him to provide clarity on crypto regulation but the SEC chief has insisted that the law is clear. He has stated on several occasions that bitcoin is a commodity while most other crypto tokens are securities.

What do you think about the comments by SEC Chairman Gary Gensler? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It



Source link

FX Job Fair 728×90
You might also like
11 Comments
  1. warm blankets says

    Good day! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my website to rank for some targeted keywords but I’m not
    seeing very good results. If you know of any please share.
    Kudos! You can read similar art here: Bij nl

  2. sugar defender official website says

    sugar defender official website For many years, I have actually battled uncertain blood glucose swings that
    left me really feeling drained pipes and tired. However because incorporating
    Sugar my power levels are currently steady and regular, and I
    no longer hit a wall in the afternoons. I value that it’s a gentle,
    natural technique that doesn’t included any unpleasant adverse
    effects. It’s genuinely changed my day-to-day live.

  3. sugar defender reviews says

    sugar defender reviews Uncovering Sugar Defender has been a game-changer for
    me, as I have actually constantly been vigilant about handling my blood sugar level
    degrees. I now really feel equipped and confident in my
    ability to maintain healthy degrees, and my latest checkup have actually
    shown this progress. Having a credible supplement to enhance my a huge source of convenience, and I’m really glad for the considerable distinction Sugar Protector has
    made in my overall health.

  4. pandora jewelry says

    Pretty! This has been a really wonderful article. Many thanks for supplying this information.

  5. 파라존 코리아 카지노 says

    I was able to find good advice from your content.

  6. 라카지노 says

    Oh my goodness! Impressive article dude! Many thanks, However I am having issues with your RSS. I don’t know why I cannot subscribe to it. Is there anyone else getting similar RSS issues? Anyone who knows the answer can you kindly respond? Thanks.

  7. Meet Our CEO, Rachel Serwetz says

    Good post. I learn something totally new and challenging on blogs I stumbleupon every day. It will always be helpful to read through articles from other authors and practice a little something from other websites.

  8. sugar defender reviews says

    sugar defender reviews Adding Sugar Protector to my everyday
    regimen was one of the best decisions I’ve created my health and wellness.
    I’m careful regarding what I eat, but this supplement
    adds an additional layer of support. I really
    feel more constant throughout the day, and my desires have actually reduced dramatically.
    It behaves to have something so straightforward that
    makes such a big difference!

  9. small scaffold tower says

    Some times its a pain in the ass to read what people wrote but this site is rattling user pleasant! .

  10. snaptik says

    This site really has all the info I needed about this subject and didn’t know who to ask.

  11. backlinks says

    Hey there! I simply want to give you a huge thumbs up for the excellent information you have got right here on this post. I’ll be coming back to your blog for more soon.

Leave A Reply

Your email address will not be published.

Join our email newsletter and get news & updates into your inbox for free.

You have Successfully Subscribed!