Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Jaya60 on September 08, 2022, 06:38:52 PM
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While Gensler has previously said Bitcoin is a commodity, he’s kept quiet about the status of Ethereum. There hasBitcoin been a flurry of proposals, both from the crypto industry itself and from Washington, to delegate oversight of the crypto industry to the CFTC, which presently only has the power to regulate derivatives.
Gensler has previously said that Bitcoin is a commodity, not a security, but many believe he wants to find a way to bring Ethereum, the world’s second-largest cryptocurrency by market capitalization, under SEC control.more (https://decrypt.co/109275/sec-chair-gary-gensler-backs-giving-cftc-bitcoin-oversight)