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SEC News: Gensler Refuses to Comment on Trump’s Bitcoin Reserve, Affirms Bitcoin Isn’t a Security

  • SEC chair Gary Gensler reaffirms that Bitcoin is not a security and investors can now buy it through exchange-traded products.
  • Gensler refuses to comment on Donald Trump's plan for a national Bitcoin reserve to avoid influencing voters in an election year.
  • While Gensler has approved Bitcoin and Ethereum ETFs, other tokens are still classified as securities by the SEC.
  • Gensler emphasizes the importance of regulations in the crypto field to protect investors and build trust.

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