Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January.
Wall Street rises with Nvidia as bitcoin bursts above $99,000
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“This asset class is rife with fraud, scams, and abuse in certain applications,” he said in a speech at the Aspen Security Forum.
SEC Chair Gary Gensler, who led U.S. crackdown on cryptocurrencies, to step down
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