KEY POINTS
- Kernen said he thinks Gensler is 'warming up' to 'top tier crypto'
- Gensler denied, but said he and his predecessor at the SEC have said $BTC isn't a security
- Back in 2021, Gensler recognized Bitcoin as a 'a digital, scarce store of value'
- His comments were made after multiple GOP and Dem lawmakers grilled him at a House hearing
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been under extreme pressure in recent days following Wednesday's scathing hearing at the House Financial Services Committee.
