SEC Chairman Says What Needs To Be Done Before Bitcoin ETF Approval
From investinblockchain.com
Pro-crypto SEC Chairman Jay Clayton recently did an interview with CNBC where he laid out what needs to be done in the crypto space before a crypto exchange-traded fund (ETF) is approved. According to Clayton, US regulators need to feel comfortable with cryptocurrency custody solutions and ensure no market manipulation is occurring before they even consider approving a crypto ETF. Per the interview, Clayton stressed that sound custody solutions are very important to the SEC and always have been:“We’re engaging on this [a crypto ETF], but there are a couple of things about it that we need to feel comfortable with. The ...
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