BREAKING: SEC Chairman Gary Gensler says the SEC has no plans to ban bitcoin or cryptocurrencies.
BREAKING: SEC Chairman Gary Gensler says the SEC has no plans to ban bitcoin or cryptocurrencies. from Bitcoin
View Reddit by chapogrown – View Source
because he can’t.
I don’t think the SEC has the authority to ban things. They merely regulate based on existing laws. They can’t make up new ones that ban crypto.
Newsflash click bait: the DEA has no plans to write traffic tickets in Russia.
breaking? this is last week’s news.
old news
“The godfather of crypto” /s.
Be careful about Gary. A wolf in sheep’s clothing.
They never said they would ban anything. They always said they see almost every other coin apart from BTC as a security. They wont tell exactly which coins or how they choose them (Gary mentioned there are 35 parameters..) but they want to apply regulations that will make it extremely hard for them to operate. They wont ban anything, they will just try to make most of them unuseable through regulations “for your protection”.
i.e. lots of alts gonna get a big shakedown soon. Bitcoin unaffected.
Hey sure the SEC doesn’t but that doesnt mean politicians who actually legislate or issue directions don’t have those plans. Gary is basically just a public servant.
“These” people work so hard not to say Bitcoin or cryptocurrency.
This shit isnt “breaking” it’s 3 days old news
Bulls rise
Bye bye shit coins.
The invisible hand smacked him down
“We have no plans” means “we’re discussing it but haven’t written anything down”, just FYI.
his face 🥴
BREAKING: I have no plan to ban breathing. You can continue to suck oxygen thanks to me.
Probably because they are in complete control of it and or they created it to Segway us into a digital currency? Who really really knows. Do the NWO globalists want one currency for their one gov or not? I’m gonna keep up my dca though.
But he did say he felt the retailers needed “protections” in the crypto space since “nobody is buying Bitcoin to buy other things with them. They are buying Bitcoin in hopes the value will increase so they can cash in on it later…” Or something along those lines. It’s not verbatim.
He can’t even if he wants to
They are trying to soften the public and market up before they impose some serious regulations
aka – the deal is closed. Q4 🙂
Dude is a reptile
I can guarantee you once SEC chair approves ETF probably his friends and buddies in big funds will make a killing. Inside trading is illegal for us but not funds with lobbyist because they apparently too big to fail.
No doi 🐴
Now we have to ask the FDA if they want to ban bitcoin!
This is exactly what he should say.
He is so full of 💩💩💩💩💩💩
If you have to be worried about this maybe it isn’t the place to invest!
Gary Gangster