Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Dogecoin Creator Billy Markus Responds After SEC Chair Gary Gensler Says Bitcoin (BTC) Is Not a Security

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

Daily HodlDaily Hodl2024/09/25 16:00
By:by Daniell Marlow

The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin ( BTC ) is not a security.

In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.

“As it relates to Bitcoin, my predecessor and I have said that it’s not a security.”

Bitcoin’s designation as a “non-security” places regulation of the flagship crypto outside the SEC’s jurisdiction.

Responding to the news, Dogecoin ( DOGE ) creator Billy Markus took to the social media platform X to call out Gensler for not giving DOGE the same classification.

“he should say dogecoin isn’t a security also as it is mostly bitcoin code and works exactly the same way”

Gensler has yet to respond to the vocal DOGE co-founder.

This is not the first time Markus has criticized Gensler’s performance as SEC chair. In December of last year, Markus responded to a Gensler claim that fraud and noncompliance are rife within the digital assets industry with some harsh words.

“You’ve never laid out any actual rules, you just hand wave. You’re basically useless in every single way.”

DOGE is trading for $0.117 at time of writing, up 11% in the last week.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!