{"id":356839,"date":"2024-09-27T03:11:04","date_gmt":"2024-09-26T21:41:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=356839"},"modified":"2024-09-27T03:11:04","modified_gmt":"2024-09-26T21:41:04","slug":"dogecoin-creator-billy-markus-responds-after-sec-chair-gary-gensler-says-bitcoin-btc-is-not-a-security-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-creator-billy-markus-responds-after-sec-chair-gary-gensler-says-bitcoin-btc-is-not-a-security-crypto-news\/","title":{"rendered":"Dogecoin Creator Billy Markus Responds After SEC Chair Gary Gensler Says Bitcoin (BTC) Is Not a Security &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) is not a security.<\/p>\n<p>In a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=Rl628OFEGWA&amp;ab_channel=CNBCTelevision\">new interview<\/a> with CNBC, SEC chair Gensler states clearly that BTC is not a security.<\/p>\n<p><em>\u201cAs it relates to Bitcoin, my predecessor and I have said that it\u2019s not a security.\u201d<\/em><\/p>\n<p>Bitcoin\u2019s designation as a \u201cnon-security\u201d places regulation of the flagship crypto outside the SEC\u2019s jurisdiction.<\/p>\n<p>Responding to the news, Dogecoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/dogecoin\">DOGE<\/a>) creator Billy Markus took to the social media platform X to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/BillyM2k\/status\/1839292993586737441\">call out Gensler<\/a> for not giving DOGE the same classification.<\/p>\n<p><em>\u201che should say dogecoin isn\u2019t a security also as it is mostly bitcoin code and works exactly the same way\u201d<\/em><\/p>\n<p>Gensler has yet to respond to the vocal DOGE co-founder.<\/p>\n<p>This is not the first time Markus has criticized Gensler\u2019s performance as SEC chair. In December of last year, Markus <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2023\/12\/22\/dogecoin-co-founder-calls-out-useless-in-every-single-way-sec-chair-gary-gensler\/\">responded<\/a> to a Gensler claim that fraud and noncompliance are rife within the digital assets industry with some harsh words.<\/p>\n<p><em>\u201cYou\u2019ve never laid out any actual rules, you just hand wave. You\u2019re basically useless in every single way.\u201d<\/em><\/p>\n<p>DOGE is trading for $0.117 at time of writing, up 11% in the last week.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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. \u201cAs it relates to Bitcoin, my predecessor and I have said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":99128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-356839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=356839"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356839\/revisions"}],"predecessor-version":[{"id":356842,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356839\/revisions\/356842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/99128"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=356839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=356839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=356839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}