April 26, 2024
Crypto

SEC’s Gensler gives in to a bitcoin ETF, but the hostility is still there

They changed because the SEC lost a key court case last August: The U.S. Court of Appeals for the D.C. Circuit held that the commission failed to adequately explain its reasoning when it turned down Grayscale’s proposed bitcoin ETF. Gensler was forced to give in, but not on all fronts. For starters, he is engaged in

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