RATE Group | SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval
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SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

28 Nov SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

Posted at 20:53h in Bitcoin News by

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SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

Regulation

The chairman of the U.S. Securities and Exchange Commission (SEC) has outlined the key changes in cryptocurrency markets he needs to see before he is comfortable with a bitcoin ETF. While some solutions to the problems he mentioned have already been implemented, the chairman insists on seeing more improvements.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Key Upgrades Needed

SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval
Jay Clayton

At the Consensus Invest conference on Tuesday, SEC Chairman Jay Clayton explained what he needs to see before the SEC can consider approving its first bitcoin exchange-traded fund (ETF).

According to Cnbc, Clayton said he “needs to see key upgrades in cryptocurrency markets before approving a bitcoin…

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