SEC Chair Gensler Reaffirms Bitcoin’s Non-Security Status

SEC Chair Gensler Reaffirms Bitcoin’s Non-Security Status

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), reaffirmed the regulatory agency’s stance on Bitcoin during a September 26 interview with CNBC’s Squawk Box. Gensler reiterated that Bitcoin is not classified as a security, aligning with prior SEC filings that have consistently categorized the $1.2 trillion asset as a non-security commodity. The SEC, under Gensler’s leadership, has approved approximately 10 spot Bitcoi...

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