Search results for Hester Peirce

The United States Securities and Exchange Commission (SEC) has been showing hostility to the cryptocurrency businesses. While pressing hard on some projects including Telegram’s TON network and Bitcoin ETF proposals, the regulator fails to establish regulatory clarity within the industry.

Hester Peirce, a member of the Securities and Exchange Commission of the USA said that the approval of a Bitcoin exchange-traded fund (ETF) could improve the pricing of unlisted investment products.

Former United States Democratic Congressman from Tennessee’s 9th congressional district Harold Ford Jr. has suggested that Washington should try to avoid half-measures as far as cryptocurrency legislation is concerned. A successful financial managing director believes that the government has been slow to react to the cryptocurrency and blockchain industry, and thinks that this might damage innovation in the future.

While the United States Securities and Exchange Commission (US SEC) continues to take time and postpone the listing of the first exchange-traded funds (ETFs), Bitcoin and other cryptocurrencies in Italy and the rest of Europe the number of tools that replicate the cryptocurrency trend. As the entire blockchain ecosystem is waiting for the approval or disapproval of cryptocurrencies ETFs by the US SEC, buying and selling of bitcoin and other altcoins and also investing in funding is now as easy as drinking water in Italy and Europe at large.

Japan is suspicious about cryptocurrency-based exchange-traded funds (ETFs) due to price volatility. According to the remarks from the upper house of the National Diet that happened recently, the country’s monetary watchdog Japanese Financial Service Agency (FSA) expressed a watchful stance towards ETFs.

The Commissioner of the US Security and Exchange Commission (SEC), Hester Peirce, aims at opening the SEC to innovation, invention and entrepreneurship. Of late, the leaked interviews of Hester gave the crypto industry hope for Bitcoin (BTC) exchange-traded fund (ETF) approval. Hester, also known as the Crypto Mom, calls for an innovative and improved regulatory framework which is more malleable to the cryptocurrency field.

Notwithstanding that the most recent round of Bitcoin (BTC) ETF denials by the US SEC are absolutely an obstruction, once launched, crypto ETFs will essentially change the game for digital currency.

There is hope that the US Securities and Exchange Commission (SEC) might change its decision to deny nine Bitcoin-related Exchange Traded Funds (ETFs).  Brent Fields, the SEC secretary revealed in a letter to the New York Stock Exchange (NYSE) that the commission chairman and commissioners are considering whether to review and revise the action authorized and delegated to its staff, adding that until that time the current decision is pertinent.

After U.S regulators rejected the  Winklevoss twins' demand for a Bitcoin Exchange Traded Fund (ETF), the crypto once more shows its resiliency and hardiness, staying above US$8,000.