Former SEC chairman Jay Clayton has had a major role reversal as he now fights for a Bitcoin ETF approval. Clayton Joins Fight for Bitcoin ETF Approval While the newly-appointed SEC chairman, Gary Gensler continues to work toward establishing a regulatory framework for digital assets, his predecessor, Clayton finds himself on the opposite side ofRead More origin »
Chairman Jay Clayton is geared to leave the U. S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U. S. attorney for the Southern District of New York.
On late Friday night, US President Donald Trump said he will nominate the Securities and Exchange Commission (SEC) Chairman Jay Clayton to serve as the next United States Attorney for the Southern District of New York.
The Securities and Exchanges Commission is now down to just three individuals with the power to decide the fate of many economic actors following the exit of Jay Clayton which,...
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As Binance and Bakkt have taken steps to ensure crypto’s presence within the U. S. territories, businesses leaders from both ends of the spectrum are forced to view their opinions about the new normal in finance.
Pro-crypto SEC Chairman Jay Clayton recently did an interview with CNBC where he laid out what needs to be…
The post SEC Chairman Says What Needs To Be Done Before Bitcoin ETF Approval appeared first on Invest In Blockchain.
Bitcoin Price stable but under pressure Bitwise research concludes that 95 percent of exchanges’ volumes fake Transaction volumes shrink after Mar 21 It’s a sequel of damaging news. Days after SEC revealed the public’s apprehension of Bitcoin ETF approval; Bitwise report confirms what Jay Clayton isn’t comfortable with: Exchanges’ manipulation.
During a recent interview with FOX Business, Jay Clayton, the chairman of the U. S. Securities and Exchange Commission (SEC), explained that he is not against the digital currency, but he has concerns over manipulation.
Bitcoin price up 4. 3 percent in last week Jay Clayton worries affirmed by recent Integrity Report Transactional volumes low but can rise as prices recover Derailing possible bulls are worries of fake volumes printed by obscure exchanges.
With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, is the dominant driver of Bitcoin price and cryptocurrency markets.
Jay Clayton may turn out to be one of us afterall. Bitcoin is a currency, not a commodity he said. If there’s someone who knows which crypto project will be...
The post America Gives Cryptos the Seal of Approval, A Reasonable Regulatory Framework Within Sight appeared first on Trustnodes.
Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF).
The chairman of the U. S. Securities and Exchange Commission (SEC) Jay Clayton said Tuesday that he doesn’t see a pathway to a cryptocurrency ETF approval until concerns over market manipulation are addressed, Coindesk reported.
While the entire cryptocurrency market is waiting anxiously for a Bitcoin ETF, the Securities and Exchange Commission does not look to be in a hurry to approve the product. Recently, SEC chair Jay Clayton said that he wants to see more changes in the crypto markets before being comfortable with the idea of a Bitcoin ETF.
The head of the US Securities and Exchange Commission Jay Clayton holds that the lack of safeguards for investors might roadblock the approval of a Bitcoin ETF. The Same Old Song Speaking at New York’s Consensus: Invest 2018, SEC’s Chairman Jay Clayton outlined the risks associated with Bitcoin trading and the supposed lack of investor protection.
At the recent CoinDesk Consensus: Invest conference, Jay Clayton had the opportunity to speak about cryptocurrency ETF approval. Clayton, a chairman of the US Securities and Exchange Commission (SEC), noted that there are some things that need to change in the cryptocurrency industry before this approval happens. The main cause for concern seem to be […]
Clayton believes institutional investors desire access to Bitcoin via an ETF. There's a growing acceptance of cryptocurrencies in the financial sector, he says.
According to former chairman of the SEC, Jay Clayton, cryptocurrencies serve a variety of functions and are tied to a range of industries, and the SEC should regulate only those industries that are related to them.