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Controversial Remarks by SEC Chair Gensler Amid Bitcoin ETF Approval

The US SEC Rejects Two Spot Bitcoin ETFs Proposals

SEC Chair Gary Gensler’s recent approval of Bitcoin ETFs is marred by conflicting statements and criticism of the crypto industry. Bitcoin ETF Approval and Gensler’s Skepticism Despite approving Bitcoin ETFs, Gensler emphasized that the SEC does not endorse Bitcoin, branding it a “speculative and volatile asset.” He raised concerns about its alleged use in illicit …

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