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SEC’s Gensler Reiterates Bitcoin Alone Is a Commodity. Is He Right?

The government's stamp of approval seems to separate BTC from "crypto," but decentralization is a path.

U.S. Securities and Exchange Commission Chair Gary Gensler (Evelyn Hockstein-Pool/Getty Images)
U.S. Securities and Exchange Commission Chair Gary Gensler (Evelyn Hockstein-Pool/Getty Images)