Dogecoin Creator Billy Markus Responds After SEC Chair Gary Gensler Says Bitcoin (BTC) Is Not a Security
The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security. “As it relates to Bitcoin, my predecessor and I have said that it’s not a security.” Bitcoin’s designation as a “non-security” places regulation of the flagship crypto outside the SEC’s jurisdiction. Responding to the news, Dogecoin (DOGE) creator Billy Markus took to the social media platform X to call out Gensler for not giving DOGE the same classification. “he should say dogecoin isn’t a security also as it is mostly bitcoin code and works exactly the same way” Gensler has yet to respond to the vocal DOGE co-founder. This is not the first time Markus has criticized Gensler’s performance as SEC chair. In December of last year, Markus responded to a Gensler claim ...