SEC Chairman Gary Gensler: crypto unlikely to become currency

SEC Chairman Gary Gensler: crypto unlikely to become currency

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that it is unlikely that Bitcoin (BTC) or another cryptocurrency will become a widely used means of payment. Gensler made the remarks at a recent event held at the Law Department of the New York University, industry media Coindesk reported. Gensler also claimed that there…