SEC Commissioner Declares ‘No Reason For Us To Stand In The Way’ Of Bitcoin ETF: Is Gary Gensler Listening?
In the wake of crypto exchange Binance (CRYPTO: BNB) agreeing to a $4 billion settlement with the Justice Department, SEC Commissioner Hester Peirce has made a strong case for the approval of a spot Bitcoin (CRYPTO: BTC) ETF, saying there was “no reason” for the financial watchdog to stand in the way of its approval. In an interview with Bloomberg, Peirce, known for her progressive stance on cryptocurrency regulations, emphasized the need for a regulatory framework that accommodates the evolving digital asset industry. Binance’s recent settlement, stemming from violations including unlicensed …