Hester Peirce, also known as the “crypto mom,” believes the agency she works at – the Securities and Exchange Commission – should have greenlighted a BTC ETF years ago. She argued that the SEC’s rationale keeps growing weaker.
In an interview with CNBC, Peirce commented on the hot topic of Bitcoin ETF in the US and whether the country’s regulator will eventually approve such a product.
She said this is “probably the biggest, the most-often-asked question I get.” But, with the SEC’s countless rejections for an exchange-traded fund tracking the performance of the primary cryptocurrency, Peirce said the methods have grown old.
“I thought that if we had applied our standards as we have applied them to other products, we would already have approved one or more of them. With each passing day, the rationale that we have used in the past for not approving seems to grow weaker.”
Hester Peirce. Source: CNBC
Furthermore, Peirce noted that regulators have an old-school appro
Źródło: https://cryptopotato.com/the-sec-should-have-approved-a-bitcoin-etf-already-says-hester-peirce/
