U.S. SEC Chairman: Grayscale's victory is crucial for the approval of a spot Bitcoin ETF, but still does not endorse Bitcoin
According to Cointelegraph, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission, stated that Grayscale's victory in court is crucial for approving a spot Bitcoin ETF. It has changed the SEC's view on crypto investment tools. "Considering the new court ruling, we continue to move forward; I believe this is the most sustainable path," but Gary Gensler reiterated that this approval does not mean recognition of Bitcoin: "We do not recognize (Bitcoin)."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South32 submits business update presentation to National Storage Mechanism
Eurozone Bond Yields Rise but Stay Below Monday's Peaks -- Market Talk
Gold: Fed risk keeps bullion vulnerable – ING
Carlyle (CG.US) further expands energy business, acquires Parallax for 1 billion Canadian dollars
Carlyle's newly established company plans to acquire Parallax for approximately 1 billion Canadian dollars, continuing its expansion of light crude oil assets in Canada.
Crypto prices
More
