SEC on bitcoin ETFs , CFTC: exchanges should self-regulate

Last week Hester Peirce, Commissioner at the U.S. Securities and Exchange Commission (SEC) and Brian Quintenz Commissioner at the U.S. Commodity Futures Trading Commission (CFTC) talked about blockchain and cryptocurrencies at a Bipartisan Policy Center event.

Executive summary

The SEC’s Peirce noted that in the past the SEC has given the green light for Exchange Traded Funds (ETF) which are based on underlying assets that are not regulated. So she is concerned about the reasoning behind any Bitcoin ETF rejections.

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