{"id":51869,"date":"2024-10-23T01:55:00","date_gmt":"2024-10-23T01:55:00","guid":{"rendered":"https:\/\/cointelegraph.com\/news\/sec-chair-bitcoin-white-paper-anniversary"},"modified":"2024-10-23T03:58:46","modified_gmt":"2024-10-23T03:58:46","slug":"sec-chair-wishes-bitcoin-a-sweet-sixteen-for-white-paper-anniversary","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=51869","title":{"rendered":"SEC chair wishes Bitcoin a \u2018sweet sixteen\u2019 for white paper anniversary"},"content":{"rendered":"

Gary Gensler, chair of the United States Securities and Exchange Commission, has had mixed messages about cryptocurrencies since taking charge of the regulatory body in 2021.<\/p>\n

In an Oct. 22 interview aired on Bloomberg Business, the SEC chair initially pivoted from answering a question about regulating digital assets to wish Bitcoin (BTC) a \u201csweet sixteen\u201d \u2014 the cryptocurrency\u2019s white paper was released on Oct. 31, 2008. Gensler suggested that the SEC would maintain its approach considering the risks of digital assets to investors and \u201cregulation by enforcement.\u201d<\/p>\n

\u201cWe have benefited for nine decades from robust laws from Congress and rules from various agencies […] to help promote the markets \u2014 to protect investors, to promote capital formation and the markets in the middle, and that\u2019s what we\u2019ll continue to do,\u201d said Gensler.<\/p>\n

Reporters questioned how Gensler would respond if Republican presidential candidate Donald Trump were to win reelection in 2024. Trump has pledged to fire the SEC Chair \u201con day one\u201d if victorious. Gensler declined to comment on his potential ousting or Trump\u2019s World Liberty Financial project.<\/p>\n

[embedded content]<\/p>\n

The SEC chair\u2019s interview came roughly a day after the regulator\u2019s Division of Examinations named crypto assets one of its priorities for 2025. Many business leaders and lawmakers have questioned or criticized Gensler\u2019s approach to the crypto industry, but he has not indicated that he intends to alter the commission\u2019s crackdown.<\/p>\n

Bitcoin turning 16<\/h3>\n

Oct. 31 will mark 16 years to the day that pseudonymous Bitcoin creator Satoshi Nakamoto released the cryptocurrency\u2019s white paper through the cypherpunk mailing list. The first Bitcoin transaction followed a few months later, on Jan. 3, 2009, known in the community as Genesis Block Day.<\/p>\n

Related: <\/strong><\/em>Bitcoin white paper returns to Bitcoin.org website<\/strong><\/em><\/p>\n

Though a recent HBO documentary suggested cryptographer and computer scientist Peter Todd was Satoshi, many viewers questioned the film\u2019s conclusions. To date, no evidence has definitively unmasked the identity of Bitcoin\u2019s creator, though some theories suggest early contributor Hal Finney and Hashcash inventor Adam Back.<\/p>\n

At the time of publication, the price of Bitcoin was $67,370, having risen by more than 6% in the last 30 days.<\/p>\n

Magazine: <\/strong><\/em>Godzilla vs. Kong: SEC faces fierce battle against crypto\u2019s legal firepower<\/strong><\/em><\/p>\n

Check other news for today<\/span> and Please stand by..<\/p>\n

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\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gary Gensler, chair of the United States Securities and Exchange Commission, has had mixed messages about cryptocurrencies since taking charge of the regulatory body in 2021. In an Oct. 22 interview aired on Bloomberg Business, … SEC chair wishes Bitcoin a \u2018sweet sixteen\u2019 for white paper anniversary<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":51870,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5651],"tags":[139,3544,3812,5652,10,159,97],"class_list":["post-51869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews","tag-bitcoin","tag-bitcoin-news","tag-cryptonews","tag-emilynews","tag-hyip","tag-hyipnews","tag-hyips","exalt-entry"],"yoast_head":"\nSEC chair wishes Bitcoin a \u2018sweet sixteen\u2019 for white paper anniversary - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=51869\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC chair wishes Bitcoin a \u2018sweet sixteen\u2019 for white paper anniversary - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Gary Gensler, chair of the United States Securities and Exchange Commission, has had mixed messages about cryptocurrencies since taking charge of the regulatory body in 2021. 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