The U.S. Securities and Trade Fee (SEC) is at present reviewing three bitcoin exchange-traded funds (ETFs), one among which was filed final week to trace the costs of two cryptocurrencies. An SEC commissioner stated on the Consensus convention on Monday that the time is correct for a bitcoin ETF, because the fee is because of decide on one among them subsequent week.
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SEC Commissioner: Time Is Right for Bitcoin ETF
On the Consensus 2019 convention in New York on Monday, SEC Commissioner Hester Peirce, also referred to as “crypto mother,” mentioned the regulatory atmosphere for pending bitcoin ETFs. Expressing her dissatisfaction with the present regulation, she asserted that the SEC ought to do extra to supply a regulatory framework for cryptocurrency together with guidelines round protected harbor. Decrypt quoted her as saying:
I assumed the time was proper a 12 months in the past —…