The SEC head was speaking impromptu to reporters after a commission meeting when he was asked about a statement made by the CFTC chair.
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United States Securities and Exchange Commission (SEC) chair Gary Gensler has again suggested that proof-of-stake coins may be securities. He expressed his view on March 15 after a commission meeting on cybersecurity issues.
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Gensler was asked by reporters about his reaction to statements made by Commodity Futures Trading Commission chair Rostin Behnam at a Senate Agricultural Committee meeting last week that he felt stablecoin and Ether (ETH) were “going to be commodities.” Gensler replied, as reported in The Block:
“The investing public is investing anticipating a return, anticipating
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