Benzinga - Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), on Tuesday wished Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC) on the 15th anniversary of Bitcoin’s white paper with a special tribute on Halloween.
What Happened: Taking to X (formerly Twitter), Gensler pondered whether Nakamoto, the elusive figure behind Bitcoin, would choose to dress up as themselves for the occasion.
"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," he wrote.
The Bitcoin white paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” was published by Nakamoto on October 31, 2008. It outlined a plan for a decentralized payment system that didn’t rely on traditional financial institutions.
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.
Any crypto companies that are tricking investors should start treating them to compliance with the securities laws.
— Gary Gensler (@GaryGensler) October 31, 2023
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Why It Matters: Gensler’s tweet also included a reminder to crypto companies to adhere to securities laws. He stated that any companies misleading investors should instead focus on complying with regulations.
"Any crypto companies that are tricking investors should start treating them to compliance with the securities laws," he added.
During Gensler’s tenure as SEC chair, the regulatory agency has taken strong action against prominent cryptocurrency companies such as Binance, Coinbase, and Kraken. Gensler’s main concern with the industry is the sale of coins and tokens that may be categorized as unregistered securities.
Price Action: At the time of writing, BTC was trading at $34,281 up 0.20% in the last 24 hours, according to Benzinga Pro.
Photo Courtesy: Flickr.com
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