SEC Head: To get on the big …

SEC chief: Bitcoin needs to be better regulated to get listed on a major exchange

US Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke at the Delivering Alpha conference this Thursday, where he said the bitcoin market needs to be more regulated before it can be added to a major traditional exchange like the NYSE. or Nasdaq, for trades.

“If investors think bitcoin has the same pricing rigor as on the Nasdaq or the New York Stock Exchange, they are deeply mistaken. We need to get to the point where we can be sure that trade is better regulated, ”he said..

Clayton voiced a similar point of view last week. “The question is, how can we make sure that prices are not significantly manipulated, given that trading takes place on predominantly unregulated exchanges. People needed to answer these tough questions so that we could be calm about the fact that this is a decent type of product, “he said then.

SEC Head: To get on the big ...

The head of the SEC made his last comment shortly after the withdrawal of the application for the launch of bitcoin ETFs from VanEck and SolidX. Earlier, Clayton also stated that the authors of such applications “still have to work” to achieve the favorable attitude of the regulator.

Similar articles

  • Bitstamp CEO: Bitcoin Can…

    Head of Bitstamp: Bitcoin Can Become a “Sane and Natural” Part of Investment Portfolios Head of Bitstamp Exchange Dan Morehead spoke at…

  • IMF Head: Cryptocurrencies Shake…

    Head of the IMF: Cryptocurrencies shake the banking system Financial technologies, including digital currencies, “shake” the banking system and require supervision…

  • The head of the Bank of Canada admitted…

    The head of the Bank of Canada admitted that he does not sleep at night because of cryptocurrencies During a speech at a meeting of the Canadian Club, the head of the Bank of Canada Stephen Poloz…

  • The head of the Bundesbank urged not to destroy…

    The head of the Bundesbank urged not to destroy the Libra cryptocurrency in its infancy President of the German Federal Bank and Member of the Board of the European…

  • EtherDelta crypto platform hit…

    Crypto platform EtherDelta came to the attention of Chinese police Chinese police allegedly initiated an investigation into the platform…