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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has wished Bitcoin’s achromatic insubstantial a blessed anniversary. In summation to his playful remark astir Bitcoin creator Satoshi Nakamoto dressing up successful a Halloween costume, Gensler issued a stern informing to crypto firms, emphasizing the value of complying with securities laws.
SEC Chair Gary Gensler’s Message connected the Bitcoin White Paper’s 15th Anniversary
The president of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has wished Bitcoin’s achromatic insubstantial a blessed anniversary. In a station connected societal media level X connected Tuesday, the regulator wrote: “Happy 15th anniversary to Satoshi’s celebrated achromatic insubstantial that started crypto.”
He besides attempted to marque a humorous remark regarding Bitcoin creator Satoshi Nakamoto’s Halloween costume, asking whether we would beryllium capable to archer if Satoshi dressed up arsenic himself for Halloween. Gensler ended his station with a trick-or-treating connection for crypto firms. “Any crypto companies that are tricking investors should commencement treating them to compliance with the securities laws,” helium warned.
Gensler’s connection garnered galore comments connected societal media, with galore focusing connected erstwhile helium plans to o.k. a spot bitcoin exchange-traded money (ETF). To date, the securities watchdog has not approved a spot bitcoin ETF, contempt granting support for respective ETFs based connected bitcoin futures contracts. Gensler has repeatedly said that helium views each crypto tokens arsenic securities, but for bitcoin.
The SEC president said this week that the regulator is considering eight to 10 spot bitcoin ETF applications. Based connected nationalist records, 12 spot bitcoin ETF applications person been filed with the SEC, including Grayscale Investments’ application to person its bitcoin spot (GBTC) into a spot bitcoin ETF. Other applicants see Cathie Wood’s ARK Investment Management, Blackrock, Bitwise, Wisdomtree, Fidelity, Vaneck, and Invesco. Eight applications person the latest imaginable reappraisal dates successful the archetypal 4th of adjacent year, and 3 person the latest reappraisal dates successful the 2nd quarter.
Some analysts, including those astatine JPMorgan, are expecting the SEC to o.k. aggregate spot bitcoin ETFs astatine once. Recently, the terms of bitcoin surged connected speculation that Blackrock, the world’s largest plus manager, is adjacent to launching its spot bitcoin ETF. Bernstein Research said past week that a spot bitcoin ETF looks similar “a done deal” successful January.
What bash you deliberation astir SEC Chairman Gary Gensler’s connection connected Bitcoin’s achromatic insubstantial anniversary? Let america cognize successful the comments conception below.
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