SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs). Continue reading No Bitcoin ETF Before Important Changes to BTC Markets
The US Securities and Exchange Commission (SEC) has quietly begun considering two Bitcoin ETF proposals, public documents show. Continue reading SEC Quietly Puts Bitcoin ETF Proposals Back on the Table
Trading firm Jane Street Capital, which reportedly trades an average of $13 bln daily in equities across the globe, has included Bitcoin (BTC) in its traded assets, Business Insider reported today, March 17. Continue reading ‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets
The hearing, which was held by the Senate Committee on Banking, Housing, and Urban Affairs, touched on a broad range of regulatory concerns related to cryptocurrencies and blockchain technology, including initial coin offerings (ICOs), trading platforms, derivatives and exchange-traded funds (ETFs), and the assets’ perceived use to perpetrate financial crimes and subvert international sanctions. In their opening statements, both Clayton and Giancarlo expressed concern about the fact that cryptocurrency exchanges are currently regulated at the state level rather than the federal, and each reiterated that, at some undefined point in the future, Congress may want to increase federal regulators’ ability to oversee the spot markets.