Dogecoin Creator Billy Markus Responds After SEC Chair Gary Gensler Says Bitcoin (BTC) Is Not a Security

The co-founder of the unique memecoin is asking out Gary Gensler after the chairman of the US Securities and Trade Fee (SEC) stated Bitcoin (BTC) isn’t a safety.

In a brand new interview with CNBC, SEC Chairman Gensler clearly states that BTC isn’t a safety.

“So far as Bitcoin is anxious, my predecessor and I stated it isn’t a safety.”

The designation of Bitcoin as a “non-security” locations the regulation of the flagship crypto outdoors the jurisdiction of the SEC.

In response to the information, Dogecoin (DOGE) creator Billy Markus took to social media platform X to name out Gensler for not giving DOGE the identical ranking.

“he ought to say that dogecoin isn’t a safety as a result of it’s largely bitcoin code and works precisely the identical”

Gensler has not but responded to DOGE’s vocal co-founder.

This is not the primary time Markus has criticized Gensler’s efficiency as SEC chairman. In December final yr, Markus responded with some harsh phrases to a declare from Gensler that fraud and non-compliance are rife inside the digital asset business.

‘You’ve got by no means made any actual guidelines, you are simply hand-waving. You are principally ineffective in each approach.”

DOGE is buying and selling at $0.117 on the time of writing, up 11% up to now week.

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