{"id":967,"date":"2024-10-10T18:32:14","date_gmt":"2024-10-10T18:32:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=967"},"modified":"2024-10-10T18:32:14","modified_gmt":"2024-10-10T18:32:14","slug":"gary-gensler-doubts-cryptocurrency-future-says-leading-figures-are-either-in-jail-or-awaiting-extradition","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=967","title":{"rendered":"Gary Gensler Doubts Cryptocurrency Future, Says Leading Figures Are Either In Jail Or Awaiting Extradition"},"content":{"rendered":"<div>\n<p>U.S Securities and Exchange Commission (SEC) Chairman<strong> Gary Gensler, <\/strong>at a recent event at New York University (NYU) School of Law, expressed his doubts over the potential of cryptocurrencies, including <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), to become widely accepted forms of payment.<\/p>\n<p><strong>What Happened:<\/strong> In a fireside chat with former SEC Democratic Commissioner <strong>Robert Jackson Jr.<\/strong>, Gensler indicated cryptocurrencies are likely to continue being seen primarily as a store of value rather than a widely accepted medium of exchange, as reported by CoinDesk. <\/p>\n<p>He stated the ultimate utility of any given cryptocurrency would be determined by the investing public through disclosures.<\/p>\n<p>Gensler also defended the SEC\u2019s aggressive enforcement actions against crypto companies, stating that the crypto industry was rife with \u201ca lot of fraudsters, a lot of grifters, a lot of scams.\u201d <\/p>\n<p>He <a href=\"https:\/\/x.com\/CIFonX\/status\/1844072678732497357\">added<\/a> that the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41278873\/gary-gensler-doubts-cryptocurrency-future-says-leading-figures-are-either-in-jail-or-await\" alt=\"Gary\" gensler doubts cryptocurrency future says leading figures are either in jail or awaiting extradition>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S Securities and Exchange Commission (SEC) Chairman Gary Gensler, at a recent event at New York University (NYU) School of Law, expressed his doubts over the potential of cryptocurrencies, including Bitcoin (CRYPTO: BTC), to become widely accepted forms of payment. What Happened: In a fireside chat with former SEC Democratic Commissioner Robert Jackson Jr., Gensler [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-967","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=967"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/967\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}