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❕NEWS Statement by New SEC Chairman Gary Gensler on Bitcoin and Cryptocurrencies

aryan4

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CNBC shared the latest statements by the new SEC chief, Gary Gensler, on Bitcoin and cryptocurrencies.
Underlining that the regulation on cryptocurrencies should not be rushed, the President emphasized that Bitcoin is not ponzi. Gensler, who explained why people are turning to cryptocurrencies, stated that people need cryptocurrencies because the existing payment infrastructures are inadequate in many aspects.
What do you think of the president's views?
 

Josemendez

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CNBC shared the latest statements by the new SEC chief, Gary Gensler, on Bitcoin and cryptocurrencies.
Underlining that the regulation on cryptocurrencies should not be rushed, the President emphasized that Bitcoin is not ponzi. Gensler, who explained why people are turning to cryptocurrencies, stated that people need cryptocurrencies because the existing payment infrastructures are inadequate in many aspects.
What do you think of the president's views?
This is coming from him because he has actually been involved with cryptocurrency and has seen many benefits that can be derived from it.
 

achawaskey

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He is right and this is the why Bitcoin is gaining wider publicity. I think what he is trying to say is let the regulations hold on for a while until he has made enough profit.
 

Josemendez

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He is right and this is the why Bitcoin is gaining wider publicity. I think what he is trying to say is let the regulations hold on for a while until he has made enough profit.
Not really. There is need for proper evaluation prior to having any law that will regulate cryptocurrency or cryptocurrency companies.
 

Niftyicon

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His submission is quite right and I absolutely agree that those regulations to be put in place should not be hurried but thoughtfully and strategically made to serve the real purpose for which they are to be made.
 

aryan4

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His submission is quite right and I absolutely agree that those regulations to be put in place should not be hurried but thoughtfully and strategically made to serve the real purpose for which they are to be made.
It seems like there is a news in almost every coin-related news source about the named official. Let's see if she likes the coin markets as much as they say.
 

Brain

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His submission is quite right and I absolutely agree that those regulations to be put in place should not be hurried but thoughtfully and strategically made to serve the real purpose for which they are to be made.
But truthfully, this is how it should be without even this submission m everything should be thought out properly before it's implementation to ease any stress
 
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