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Gary Gensler’s Long, Embarrassing Battle Against Bitcoin ETFs

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Gary Gensler’s Long, Embarrassing Battle Against Bitcoin ETFs

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Moreover, Gensler doesn’t sound particularly “merit neutral” (which is how the SEC describes its role in regulating markets) when drawing a comparison between bitcoin and gold, saying one is a commodity with industrial and consumer use and the other is primarily used for ransomware, money laundering, sanctions-evasion and terrorist financing, when not for pure speculation.

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