SEC Hack Adds to Unease Over Bitcoin ETF Approval
From Wall Street Journal:
The hack of the Securities and Exchange Commission’s X account may complicate an expected vote on whether to approve exchange-traded funds holding bitcoin. The decision, expected to occur via a closed-door vote, was already controversial. U.S. regulators have little visibility into crypto markets which are rife with fraud and manipulation. Critics warn that a bitcoin ETF could draw more investors into the asset class, potentially exposing them to harm. (Source: Dow Jones & Company, Inc.)
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