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Lawmakers urge SEC Chair Gensler to allow spot bitcoin ETFs 'immediately'
A group of Republican and Democratic lawmakers pressed Securities and Exchange Commission Chair Gary Gensler to urgently allow the listing of a spot bitcoin exchange-traded fund following a significant court ruling. Reps. Mike Flood, R-Neb., Tom Emmer, R-Minn., Ritchie Torres, D-N.Y. and Wiley Nickel, D-N.C., urged Gensler to allow those listings, arguing a regulated spot bitcoin ETF would increase investor protection by making access to bitcoin more transparent and safer, according to a letter sent Tuesday. "Congress has a duty to ensure the SEC approves investment products that meet the requirements set out by ... (full story)
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A group of Democrat and Republican lawmakers sent a letter to Genz today pleading w him to approve a spot bitcoin ETF.. via @TheBlock__ pic.twitter.com/SVhaFZurni
— Eric Balchunas (@EricBalchunas) September 26, 2023
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Here is second page of letter pic.twitter.com/wDC0rt1l2P
— Eric Balchunas (@EricBalchunas) September 26, 2023
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- Posted: Sep 26, 2023 5:29pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 151
