Are most cryptocurrencies securities? The debate rages on, fueled by increasing SEC scrutiny. Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission, has doubled down on his view that most cryptocurrencies qualify as securities, a stance that has significant implications for the crypto industry. His position is not new. Hace 1 día The agency also targeted Coinbase, Gemini, Kraken, and a host of other firms, as Gensler, the former chair, alleged that the vast majority of cryptocurrencies are unregulated securities.
Gensler\'s Stance on Crypto: Securities vs. Commodities
In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chairman Gary Gensler confirmed his view that Bitcoin is a commodity, while the majority of other digital assets fall under the securities umbrella. This distinction is crucial because securities are subject to strict SEC regulations designed to protect investors. The SEC’s enforcement actions, as evidenced by actions against major crypto exchanges, reflect this viewpoint.
Past SEC Leaders Agree: Crypto Token Classifications
Earlier this month, the former chairman of the U.S. Securities and Exchange Commission (SEC) Jay Clayton announced that most crypto tokens are now functionally 8 de sept. de 2025 securities. This concurrence from a previous SEC leader adds weight to the argument that many crypto assets should be regulated as such. This view impacts how they can be sold, traded, and used within the United States.
What Does "Vast Majority" Mean for Crypto Investors?
In prepared remarks at an event organized by the Practising Law Institute, Gensler said Thursday morning the “vast majority” of cryptocurrencies are securities and crypto investors buying such should be aware of the inherent risks and the protections afforded by securities laws. This statement underscores the potential for increased SEC oversight and enforcement, leading to greater compliance costs for crypto firms and potential legal ramifications for those operating outside the regulatory framework. For crypto investors, this means understanding the risks associated with unregistered securities and the potential for future SEC action.