{"id":24303,"date":"2023-10-30T06:11:05","date_gmt":"2023-10-30T06:11:05","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/gary-genslers-bitcoin-etf-position-is-inconsistent-says-gary-gensler\/"},"modified":"2023-10-30T06:11:08","modified_gmt":"2023-10-30T06:11:08","slug":"gary-genslers-bitcoin-etf-position-is-inconsistent-says-gary-gensler","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/gary-genslers-bitcoin-etf-position-is-inconsistent-says-gary-gensler\/","title":{"rendered":"Gary Gensler\u2019s Bitcoin ETF position is \u2018inconsistent\u2019\u2026 says Gary Gensler"},"content":{"rendered":"
<\/p>\n
Gary Gensler once criticized the United States securities regulator for its \u201cinconsistent\u201d approach to spot Bitcoin (BTC) products, according to a resurfaced video of Gensler from 2019. <\/p>\n
The video clip, which has recently made the rounds again on social media, shows the pre-SEC Gensler discussing blockchain regulation at the 2019 MIT Bitcoin Expo in a fireside chat with Securities and Exchange Commission (SEC) commissioner Hester Peirce.<\/p>\n
\u201cBitcoin futures, and I think Ethereum futures and so forth, will exist and Bitcoin ETFs have not and that feels a little inconsistent to me […]It feels a little inconsistent,\u201d Gensler said.<\/p>\n
\u201cEven though the laws aren\u2019t exactly the same, they\u2019re quite similar,\u201d he added.<\/p>\n