ICYMI – US regulator (SEC) will take a “new look” at spot bitcoin ETF applications

Comments on Thursday from US Securities and Exchange Commission Chair Gary Gensler interview with CNBC

  • agency’s “new look” at applications for a spot bitcoin ETF had been taking recent court rulings into consideration.
  • “We had in the past denied a number of these applications, but the courts here in the District of Columbia weighed in on that,”
  • “So we’re taking a new look at this based upon those court rulings.”

He doesn’t sound happy about it:

  • “There’s been far too much fraud and bad actors in the crypto field,”
  • There’s a lot of noncompliance, not only with the securities laws, but other laws around anti-money laundering and protecting the public against bad actors there.”

This article was written by Eamonn Sheridan at www.forexlive.com. Source