SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner
news.bitcoin.com
by Kevin Helms
August 6, 2018
Excerpt:
A commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset, bitcoin. She believes that the role of the SEC is to consider the market for the ETF, not the underlying asset itself.
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Read entire article: news.bitcoin.com/sec-jurisdiction-bitcoin-etf/