Winklevoss also believes the refusal has led to U.S. investors moving to “unlicensed and unregulated” offshore platforms, including FTX, which he has called “one of the largest financial frauds in modern history.”
“Maybe the SEC will reflect on its dismal record and instead of overstepping its statutory power and trying to act like the gatekeeper of economic life, it will focus on fulfilling its mandate of investor protection,” he opined.Winklevoss’ comments come as a flurry of companies has recently filed, renewed, or amended their filings for a spot Bitcoin ETF including BlackRock, Fidelity, WisdomTree, Invesco, Valkryie and ARK Invest.
SECGov cameron For the last decade, the United States securities regulator has forced investors into “toxic” and “unregulated” crypto products, says Gemini co-founder Cameron Winklevoss.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC Reportedly Calls Spot Bitcoin ETF Filings Inadequate; Unpacking the Scrutiny Surrounding PrometheumListen to this episode from The Hash on Spotify. The most valuable crypto stories for Friday, June 30, 2023.'The Hash' explores today's top stories in crypto, including bitcoin plunging after the SEC reportedly said recent filings to launch a spot bitcoin ETF are inadequate. Meanwhile, Melania Trump is out with a new NFT collection ahead of Independence Day. Celsius was granted permission to start liquidating its altcoins. And, a conversation regarding Prometheum and the future of crypto compliance in the U.S.See also:Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings InadequateSEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening ResponseThe Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance-This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacydo-not-sell-my-info.
Source: CoinDesk - 🏆 291. / 63 Read more »
WisdomTree takes new crack at Bitcoin ETF despite prior rejections. Why this time may be differentWisdomTree wants the SEC to approve a spot bitcoin ETF after success in Europe.
Source: CNBC - 🏆 12. / 72 Read more »
Fidelity, VanEck, Invesco Amend Bitcoin Spot ETF Filings Following SEC's Warning (Report)Coinbase now plays a key role in almost all Bitcoin Spot ETF filings.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin ETF Narrative Shapes BTC Bullish Rally in Many Ways, Asset Management Vet SaysIlan Solot, co-head of digital assets at Marex Solutions, explains effects spot Bitcoin ETF approval might have for retail and institutions
Source: Utoday_en - 🏆 295. / 63 Read more »
As Bitcoin ETF Hype Picks Up Steam, First-Ever Filing Turns 10As clamor for Bitcoin ETFs reaches fever pitch, milestone quietly slipped past crypto industry
Source: Utoday_en - 🏆 295. / 63 Read more »
Bitcoin ETFs will be 'winner take most' market, says Bitwise execHere are the competitive forces that will shape a spot bitcoin ETF market.
Source: TheBlock__ - 🏆 464. / 53 Read more »