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2023-12-14 18:05:14

Finance News - Telegram Channel (RSS Feed) on Nostr: **🖼 Gensler says SEC's 'new look' at spot bitcoin ETF applications has involved ...

**🖼 Gensler says SEC's 'new look' at spot bitcoin ETF applications has involved recent court rulings Securities and Exchange Commission (SEC) Chair G...**

**Gensler says SEC's 'new look' at spot bitcoin ETF applications has involved recent court rulings**

Securities and Exchange Commission (SEC) Chair Gary Gensler has mentioned that the agency's reevaluation of spot bitcoin ETF applications takes recent court rulings into account. The SEC, historically denying spot bitcoin fund applications, is now reconsidering over a dozen applications from major asset managers like BlackRock and Fidelity.

Gensler stated that the SEC is taking a "new look" based on court rulings, particularly referring to a U.S. Court of Appeals decision in August that ordered a re-review of Grayscale's bid for a spot bitcoin ETF. Gensler also reiterated concerns about fraud and noncompliance with securities laws in the crypto industry, emphasizing the need for anti-money laundering measures. #Blockchain (https://t.me/Crypto_Blockchain_Coin_Stock_New/4752?q=%23Blockchain)@money (https://t.me/money)

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https://t.me/Crypto_Blockchain_Coin_Stock_New/4752
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