US SEC Chairman Gensler confirms that Bitcoin (BTC) is not a securities according to the SEC rules

in accordance with the SEC rules

• US stock exchange supervisory authority SEC chairman Gensler confirms that Bitcoin (BTC) is not a securities according to the applicable regulations.
• Sec is planning new regulations for defi and trading systems to protect investors.
• crypto company, including coinbase, defend themselves against an expansion of the scope of regulation.

In the latest statements, SEC chairman Gary Gensler has emphasized that Bitcoin is not classified as a security in accordance with the existing SEC regulations. His comments came during an interview on the CNBC show "Squawk Box".

Gensler emphasized how important regulatory clarity was, and insisted that many companies benefited from the growing public interest in cryptocurrencies, but often resisted the regulations that should ensure market integrity.

In the interview, Gensler pointed out that the role of the SEC was to create confidence in the market. He explained: "Innovations do not develop in the long term if they do not create trust." He referred to the considerable losses and bankruptcies that occurred in the crypto area and emphasized the need for regulations to protect investors.