In an interview with CNBC, SEC Chair Gary Gensler reiterated that Bitcoin is "not a security," reaffirming the agency’s stance while emphasizing the need for regulatory clarity in the broader crypto space. He noted that investors can express their views on Bitcoin through exchange-traded products. Gensler maintained that most altcoins should be classified as securities and remain under the SEC’s jurisdiction, despite pushback from the industry. He defended the SEC's actions, stating that existing laws provide sufficient authority over crypto markets, and highlighted concerns about the lack of trust due to fraud and scams in the sector. Source: Coindesk
