SEC Chair Gary Gensler Celebrates 15th Anniversary of bitcoin White Paper
In a surprise move, Securities and Exchange Commission (SEC) Chair Gary Gensler took to Twitter to commemorate the 15th anniversary of the bitcoin white paper.
Gensler, who was nominated by President Biden to serve as SEC Chair in 2021, joined bitcoin enthusiasts and investors in celebrating the publication of the original bitcoin white paper by the pseudonymous creator Satoshi Nakamoto. In a tweet, Gensler pondered, “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.”
This unexpected gesture by the head of the SEC comes at a crucial time. The SEC is currently reviewing multiple spot bitcoin ETF applications, with some of the world’s largest financial institutions, including $10 trillion asset manager BlackRock, vying to be the first to receive approval for this product in the country.
The Birth of a New Era in Finance and Technology
The 15th anniversary of the bitcoin white paper is significant as it symbolizes the birth of a new era in finance and technology. Since its inception, bitcoin has disrupted traditional financial systems and institutions, accumulating a market capitalization of over $670 billion and even becoming recognized as a national currency.
The celebration by SEC Chair Gary Gensler has sparked intrigue and discussion within the bitcoin community, as it raises questions about the SEC’s stance on cryptocurrencies and their potential regulatory decisions. As the race for the first U.S. spot bitcoin ETF heats up, all eyes are on the SEC.
### News source: bitcoinmagazine.com