SEC Chairman Denies Cryptocurrency’s Role in Capital Markets
On December 13th, the Chairman of the U.S. SEC, Gary Gensler, dismissed the idea of a spot Bitcoin ETF in a conversation with Bloomberg. He stated, "Crypto securities are not only much smaller in scale, but they are not the way we provide funding for the government or execute monetary policy. Many investors have been harmed in this market due to too much illicit activity."
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
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
