SEC Commissioner Tries To Persuade The Commission To Approve Bitcoin ETF
In a speech at the University of Missouri school of law, Commissioner of the U.S. securities and exchange commission Hester Peirce talked about entrepreneurship and innovations. At this meeting, she said that her colleagues should give investors the opportunity to work with digital assets. Therefore, Bitcoin-ETF needs to be approved.
She said that investors had a great demand for various digital assets, including Bitcoin. Earlier, she stated that she had concerned about the SEC’s approach to the regulation of the cryptocurrency industry.
She added that they rightly accused investors of buying cryptocurrencies without knowing anything about them. In her opinion, SEC is too impulsive when it comes to Bitcoin ETF, but they, at the same time, must guarantee the safety of the citizens and let the industry to develop.