💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

'If Bitcoin Isn't A Security, Dogecoin Shouldn't Be Either:' Meme Crypto Creator Reacts To SEC Chair Gensler's Take

Published 28/02/2023, 11:13
© Reuters.  'If Bitcoin Isn't A Security, Dogecoin Shouldn't Be Either:' Meme Crypto Creator Reacts To SEC Chair Gensler's Take
BTC/EUR
-
BTC/USD
-
CRCW
-
BTC/EUR
-
BTC/JPY
-
BTC/USD
-
DOGE/USD
-
BTC/JPY
-
BTC/GBP
-
BTC/GBP
-
DOGE/USD
-
DOGE/EUR
-

Benzinga - Dogecoin (CRYPTO: DOGE) co-founder Billy Markus on Monday affirmed that if Bitcoin (CRYPTO: BTC) isn't characterized as a security, then the same should apply to Dogecoin.

What Happened: Nakamoto responded on Twitter to tech investor and entrepreneur, Jason Calacanis, who said, "if folks had just treated s**tcoins as securities, we would have avoided 10 straight annoying crypto debates over Thanksgiving dinner."

This statement comes after Gary Gensler's interview with New York Magazine on Sunday, in which he labeled all other cryptocurrencies except Bitcoin as "securities."

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

Dogecoin co-founder responded to Jason’s tweet and said, “the amusing thing about this based cal statement is dogecoin (the OG s**tcoin) was made for lulz with no premine, no sales, and no one controlling it,” adding that “if bitcoin isn’t a security than dogecoin shouldn’t be either.”

Price Action: At the time of writing, DOGE was trading at $0.082 up 0.42% in the last 24 hours, according to Benzinga Pro.

Read More: Bitcoin, Ethereum, Dogecoin Rise: Analyst Warns 'Ugly' Bond Market Selloff Could Pull Apex Crypto Down To $21.5K

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.