RATE Group | SEC Chair “Optimistic” DLT and Crypto Will Drive Investment Opportunities
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SEC Chair “Optimistic” DLT and Crypto Will Drive Investment Opportunities

15 Dec SEC Chair “Optimistic” DLT and Crypto Will Drive Investment Opportunities

Posted at 00:46h in Bitcoin News by

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SEC Chair ‘Optimistic’ DLT and Crypto Will Drive Investment Opportunities

Regulation

Speaking as part of a testimony to the United States Senate Committee on Banking, Housing, and Urban Development, the chairman of the U.S. Securities and Exchange Commission Jay Clayton expressed optimism that the distributed ledger technology (DLT) sector will “facilitate capital formation.” Clayton also discussed the enforcement actions taken by the SEC in regulating initial coin offerings (ICOs).

Also Read: New Bitcoin ATM Tracker Site Launches in Russia 

SEC Chair Believes Crypto and DLT Will Generate Capital Formation

SEC Chair 'Optimistic' DLT and Crypto Will Drive Investment OpportunitiesJay Clayton stated that he is “optimistic” that the developing DLT sector will “facilitate capital formation” and provide “investment opportunities for both institutional and Main Street investors.”

The SEC…

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