Jay Clayton’s SEC Will Never Approve a Bitcoin ETF: US Counsel

2019-10-10 17:00

The US Security and Exchange Commission (SEC) under the leadership of Chairman Jay Clayton will never approve a bitcoin exchange-traded fund (ETF), believes Jake Chervinsky of New York-based Kobre & Kim, LLP.

The general counsel noted that Clayton and his team look at bitcoin as an asset that remains “susceptible to manipulation and surveillance-sharing agreements. ”. . .

The post Jay Clayton’s SEC Will Never Approve a Bitcoin ETF: US Counsel appeared first on NewsBTC.

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