U.S. SEC Chairman: Supports CFTC's Regulation of BTC

According to Chain Catcher news and The Wall Street Journal, SEC Chairman Gary Gensler supports the CFTC's regulation of BTC.

Gensler stated that he would support Congress in granting more power to the CFTC, the sister market regulatory agency of the SEC, to oversee certain cryptocurrencies, such as Bitcoin. He expressed his anticipation of working with Congress to empower the CFTC, which needs greater authority to "oversee and regulate crypto non-security tokens and related intermediaries." (source link)