SEC Chair Highlights Bitcoin's Global Appeal

According to PANews, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, in a video interview with CNBC, described Bitcoin as a highly speculative asset. He noted that despite its speculative nature, there is a global interest among the world's 7 billion people to trade it. Gensler compared Bitcoin's current status to that of gold, which has been valued for over 10,000 years.