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The SEC commissioner explains why the SEC’s approach has been “too slow and too ambiguous” and why she’s optimistic for 2021. Hester Peirce is a commissioner at the Securities Exchange Commission, sworn in for her second term in August. Sometimes referred to as “Crypto Mom,” Peirce has been a fierce advocate for
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Michael Saylor announced plans to offer convertible bonds with the express intent to buy BTC. The community reacts.The CEO of MicroStrategy and Giga Chad himself announced MicroStrategy would be offering $400 million in convertible bonds with the intent to purchase more bitcoin. On this episode, NLW looks at the community’s reaction,
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A Deutsche Bank analyst said customers increasingly prefer bitcoin over gold as their hedge of choice. A markets surveillance tool could meet the SEC’s standards to allow a bitcoin ETF. FATF thinks existing financial precautions may be unfit for the rising world of DeFi.Top shelfBitcoin ETFSolidus Labs has developed a
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SEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund. Source
Read MoreIn a virtual fireside chat with the D.C. Bar, SEC Commissioner Hester Peirce criticized the commission’s long-standing resistance to a Bitcoin ETF.Moderator Ashley Ebersole asked about the SEC’s highly public dissatisfaction with a long series of Bitcoin ETF proposals in the U.S. Peirce, who is often known as "CryptoMom," responded
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The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market. Source
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Swiss cryptocurrency investment management boutique FiCAS has launched the world’s first actively managed bitcoin exchange-traded product (ETP), according to an announcement earlier today. First Actively Managed Crypto ETF The so-called “Bitcoin Capital Active ETP (BTCA)” is now listed on the SIX Swiss Exchange. All holders will be charged with the industry-standard management
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The crypto market may finally see a Bitcoin ETF approval, although regulators need more time. “We think a Bitcoin ETF is a matter of when, not a matter of if,” Grayscale Investments managing director, Michael Sonnenshein, told Morgan Creek Digital co-founder Anthony Pompliano in a July 15 interview. “The regulators have
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Chairman Jay Clayton is geared to leave the U.S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U.S. attorney for the Southern District of New York. With his departure, the cryptocurrency industry is hopeful that the SEC will finally approve a
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Many investment firms have launched crypto exchange-traded funds, but so far, none has found favor with the United States Securities and Exchange Commission. Firms keep trying, though, and this past week, two more tendered applications for crypto ETF-like products — if not pure-play Bitcoin ETFs have emerged. WisdomTree, an asset manager
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