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

The co-founder of the unique memecoin is looking out Gary Gensler after the U.S. Securities and Alternate Fee (SEC) chair mentioned Bitcoin (BTC) isn’t a safety.

In a new interview with CNBC, SEC chair Gensler states clearly that BTC isn’t a safety.

“Because it pertains to Bitcoin, my predecessor and I’ve mentioned that it’s not a safety.”

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

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

“he ought to say dogecoin isn’t a safety additionally as it’s principally bitcoin code and works precisely the identical method”

Gensler has but to answer the vocal DOGE co-founder.

This isn’t the primary time Markus has criticized Gensler’s efficiency as SEC chair. In December of final yr, Markus responded to a Gensler declare that fraud and noncompliance are rife inside the digital property trade with some harsh phrases.

“You’ve by no means laid out any precise guidelines, you simply hand wave. You’re mainly ineffective in each single method.”

DOGE is buying and selling for $0.117 at time of writing, up 11% within the final week.

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