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Crypto Twitter responds to SEC chair’s stern warning to crypto firms

SEC chair Gary Gensler tweeted his most severe warning to crypto exchanges to date, but the SEC still can’t decide if ether is a security.

Gary Gensler can’t say if ETH is a security because of the SEC

The reason why Gensler can’t say if ETH is a security becomes clear when we consider how it was founded and the SEC’s previous approach.

The House Financial Services Committee hosted SEC chairman Gary Gensler to discuss the SEC’s role in cryptocurrency and other markets.

Following news that the SEC is charging Algorand, Crypto Twitter is sharing an old clip of SEC chair Gary Gensler praising the protocol.