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SEC chair offers double dose of crypto investment advice ahead of possible spot Bitcoin ETF approvals
As the gap for spot Bitcoin exchange-traded funds (ETFs) continues to narrow, all eyes are peeled on the US Securities & Exchange Commission (SEC) with markets anticipating a decision on ETF approvals this week. The chair of the commission, Gary Gensler, is a person of interest on the subject, with the buck stopping with him to break the news even as the commissioners prepare for a vote, according to Reuters.
Gary Gensler warns of crypto investment risks ahead of possible spot Bitcoin ETF approvals
In a January 8 post on X, Gensler articulated the risks associated with investing in cryptocurrency, citing dangers related to market volatility, platform incompliance, and fraud, while reiterating how crypto platforms have become insolvent.
BTC3.12%
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CryptoENjoyvip
· 2024-01-09 23:25
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