Gary Gensler Says Bitcoin Is ‘Token of Choice for Ransomware’ and ‘Not That Decentralized’

The Chair of the U.S. The Securities and Exchange Commission (SEC) says Bitcoin (BTC) isn’t as decentralized as the public believes. In a new interview on CNBC, Gensler says the top crypto asset by market cap is “not that decentralized,” partially due to the prominence of centralized crypto exchanges. “[Bitcoin] is not that decentralized...

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