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The U.S. Securities and Exchange Commission (SEC) is engaging positively with spot Bitcoin ETF applications, according to 21Shares President. SEC Commissioner Hester Peirce expressed support for spot Bitcoin ETFs, stating that there is no reason to obstruct them. She also emphasized the need for effective cryptocurrency regulation through congressional action rather than litigation. Additionally, U.S. Treasury Secretary warned cryptocurrency exchanges to comply with regulations or face government action.
SEC's Hester Peirce supports spot Bitcoin ETF and hopes for less litigation in establishing crypto regulation https://t.co/oBTMbBYxOS
“There is no reason for us to stand in the way of a Spot Bitcoin ETF” - Hester Peirce, SEC Commissioner. DO YOU FEEL IT?! https://t.co/FhghBu7VUt
NEW - 🇺🇸 SEC Commissioner Hester Peirce: "There’s no reason for us to stand in the way of a spot #Bitcoin ETF." https://t.co/Bgm28lv3Ox
JUST IN: "There’s no reason for us to stand in the way of a spot #Bitcoin ETF," says 🇺🇸 SEC Commissioner Hester Peirce 👀 https://t.co/WgGUSUd88r
JUST IN: 🇺🇸 U.S. Treasury Secretary says if cryptocurrency exchanges want to operate in the U.S. "they must play by the rules." "If they do not, the U.S. government will take action." https://t.co/to90FFdmpI
"We're working on many, many rules, most of which have nothing to do with crypto," says SEC Commissioner Hester Peirce https://t.co/Qqdnwz6mFs https://t.co/miE5DnOqtd
SEC Commissioner Hester Peirce says it is ultimately up to Congress to regulate crypto because litigation is not an effective way to carry out cryptocurrency regulation https://t.co/tKBFYgV7Pr https://t.co/Uym9sr6KAY
SEC Commissioner Hester Peirce says it is ultimately up to Congress to regulate crypto because litigation is not an effective way to carry out cryptocurrency regulation https://t.co/bjn9OL5cPo https://t.co/fSf0LheVls
"Either you have to centralized, you have to get out of the US or you have to shut down. Those are not great options and they totally undermine the whole point of crypto," says SEC Commissioner Peirce of the lack of cryptocurrency regulation https://t.co/H7gkWOgkYJ https://t.co/GCfYWKPVbO
"Either you have to centralized, you have to get out of the US or you have to shut down. Those are not great options and they totally undermine the whole point of crypto," says SEC Commissioner Peirce of the lack of cryptocurrency regulation https://t.co/DpYHnT5eC1 https://t.co/ln29uABHrZ
BREAKING: SEC Commissioner Hester Peirce says court cases are not always the best way to regulate crypto, amid Binance and CZ charges https://t.co/WA2Oc2pANW
JUST IN: 🇺🇸 21Shares President says "it's really positive" to see good SEC engagement on spot #Bitcoin ETF applications 👀 https://t.co/GpW38wmpgn
JUST IN: 🇺🇸 21Shares President says "it's really positive" to see SEC feedback on spot #Bitcoin ETF applications https://t.co/AmhXN58aw3