Cryptocurrencies
SEC’s Peirce Says Bitcoin ETF Approval by U.S. Is Long Overdue
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Hester Peirce, a Republican member of the U.S. Securities and Exchange Commission, says the Wall Street regulator is running out of excuses for not signing-off on a Bitcoin ETF.
“It’s well past time that we approve an exchange traded product in Bitcoin,” Peirce said in a Friday interview. “We have a lot more information now than we did. I’m hopeful that because we have new chairman and one that’s interested in this space we’ll have a chance to take a fresh look.”