SEC Chair Gary Gensler Says Commission's Action Wednesday Should Not Signal Willingness To Approve Listing Standards For Crypto Asset Securities
Portfolio Pulse from Benzinga Newsdesk
SEC Chair Gary Gensler stated that the SEC's actions on Wednesday should not be interpreted as a sign that the commission is ready to approve listing standards for securities tied to crypto assets.
January 10, 2024 | 9:46 pm
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The SEC's stance as clarified by Gary Gensler may lead to uncertainty in the market regarding the future of crypto asset securities, potentially affecting Bitcoin's price.
Gary Gensler's comments suggest a cautious approach by the SEC towards crypto securities. This regulatory uncertainty can lead to decreased investor confidence in crypto assets like Bitcoin, potentially causing a short-term negative impact on its price.
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