An employee watches an electronic signboard displaying the prices of Bitcoin and other cryptocurrencies at the lounge of Bithumb cryptocurrency exchange in Seoul, South Korea, Thursday, Nov. 21, 2024. (AP Photo/Ahn Young-joon)

FILE - Securities and Exchange Commission Chair Gary Gensler listens during a Senate Banking Committee Hybrid hearing on 'Oversight of the U.S. Securities and Exchange Commission," on Sept. 12, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib, File)

FILE - Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conference Saturday, July 27, 2024, in Nashville, Tenn. (AP Photo/Mark Humphrey, File)

FILE - A bitcoin symbol is shown on an LED screen during the closing ceremony of a congress for cryptocurrency investors in Santa Maria Mizata, El Salvador, Nov. 20, 2021. (AP Photo/Salvador Melendez, File)

FILE - The Bitcoin logo appears on the display screen of a cryptocurrency ATM in Salem, N.H., Feb. 9, 2021. (AP Photo/Charles Krupa, File)