The SEC chairman, Gary Gensler, acknowledged the anniversary of the Bitcoin whitepaper and expressed his commitment to continue strict enforcement actions against the crypto sector.
Gensler mentioned the SEC's regulation-by-enforcement approach to address the risks that cryptocurrencies pose to investors.
He avoided commenting on regulating digital assets and questions regarding a DeFi project launched by Trump's family with a crypto-friendly stance.
The current trading price of Bitcoin is $66,197, experiencing a 2% decrease in the last 24 hours.