Gensler Celebrates Bitcoin Whitepaper's 15th, Urges Crypto Firms' Law Compliance

On the occasion of the 15th anniversary of the Bitcoin whitepaper by Satoshi Nakamoto, Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), extended his congratulations via a post on platform X, while also delivering a clear message to crypto firms.In his tweet, Gensler remarked, "If Satoshi Nakamoto went as Satoshi Nakamoto for Halloween, would we be able to tell? Happy 15th anniversary to Satoshi’s famous white paper that started crypto." He then added, "Any crypto companies that are tricking investors should start treating them to compliance with the securities laws."Gensler's words underscore the SEC's stance on the necessity for legal compliance within the crypto sector, particularly aimed at firms engaging in deceptive practices towards investors. This statement reflects the regulatory body's ongoing commitment to ensuring a well-regulated and secure environment within the dynamic and evolving crypto market, balancing innovation with investor protection.