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SEC Chair: Gov't has given crypto stamp of approval
United States Securities and Exchange Commission (SEC) Chair Paul S. Atkins (pictured) hailed on Monday the House of Representatives' adoption of the GENIUS Act, which has given an outline for a regulatory framework for stablecoins, by stressing that the government has given Bitcoin and other cryptocurrencies a "stamp of approval." Speaking to CNBC, Atkins described the bill as "a really great watershed" and thanked President Donald Trump for his leadership in the process. Speaking about investing, particularly in Ethereum, Atkins pointed out that that cryptocurrency is "not a security" but still noted that it is "a ... (full story)
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