ETF

Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton saw progress in work on the Bitcoin ETF. At the same time, the department has doubts. In an interview with CNBC, Clayton emphasized that there is no proper custodian in the industry. He also pointed out the threat of price manipulation on unregulated exchanges. The head of the SEC acknowledged that cryptocurrency enterprises are already much closer to […]

The US Securities and Exchange Commission (SEC) is studying the structure of the Libra digital currency project and intends to determine whether it has the characteristics of a stock exchange traded fund (ETF). It is reported by The Wall Street Journal, citing sources familiar with the situation. In the event that the Commission recognizes Libra as an ETF, Facebook will be forced to get permission from the department […]