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Thursday, 11/12/2020 12:08:08 PM

Thursday, November 12, 2020 12:08:08 PM

Post# of 35971
Curse or blessing for Bitcoin and Ripple? Biden confirms Gary Gensler
https://www.crypto-news-flash.com/curse-or-blessing-for-bitcoin-and-ripple-biden-confirms-gary-gensler/

interesting..."something wicked this way comes..." go xrp...

"...Gensler commented on his so-called “blockchain duck test” of whether a blockchain token is a security by saying, “when you quack like a duck, when you swim like a duck, I think the bird’s a duck.”

Gensler also determined that there was a “strong case” for the fact that the cryptocurrency XRP held by Ripple in escrow accounts was a security. Same he said also over Ethereum. Moreover, Gensler also wrote a detailed report to Congress on the supervision of new assets in the digital age..."

"...Gensler also warned against the fraud that Bitcoin involves..."

"...Gensler is deeply rooted in political America and served as former chairman of the Commodity Futures Trading Commission (CFTC) under Barack Obama. During the Clinton administration, Gensler also served on the Treasury Department. The former Goldman Sachs banker has also testified before the US Congress on cryptocurrencies and blockchain on several occasions, making his stance on the crypto-sector very clear in the past..."
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