[ad_2][ad_1] The chairman of the US Securities and Exchange Commission (SEC) explained how the US government is regulating the cryptocurrency. He calls bitcoin a store of value, noting that its increase is driven by the inefficiencies of the current payment system. How Bitcoin is regulated in the United States SEC …
Read More »Slow and Expensive Payment Systems Push Bitcoin Higher: SEC’s Jay Clayton
[ad_2][ad_1] Securities and Exchange Commission Chairman Jay Clayton has suggested that Bitcoin (BTC) is thriving thanks to the shortcomings of the traditional financial system. During an interview with CNBC published On Nov.19, the SEC chief said the inefficiencies of traditional payment systems are driving Bitcoin’s growth. He said: “Our current …
Read More »Outgoing SEC President Jay Clayton reveals what’s driving BTC’s rise
[ad_2][ad_1] Outgoing SEC President Jay Clayton, who oversaw the rejection of nine Bitcoin (BTC) exchange-traded funds during his tenure, told CNBC that “inefficiencies” in current payment systems continue to drive Bitcoin’s popularity. . Appearing on CNBC Squawk Box yesterday, Clayton, who is expected to resign by the end of the …
Read More »Jay Clayton will step down as the US SEC presidency later this year
[ad_2][ad_1] Jay Clayton, president of the U.S. Securities and Exchange Commission since May 2017, will leave the agency by the end of 2021. In its official press release, the agency noted that Clayton was one of its longest-lived chairs. Cryptocurrency enthusiasts will likely be familiar with the agency’s work, whose …
Read More »SEC President Jay Clayton has just cast a shadow over Ether?
[ad_1] A new statement issued by the president of the Securities and Exchange Commission (SEC) Jay Clayton has some inside the cryptocurrency community wondering if the agency could changing his ether – the native currency of Ethereum – which a senior official previously said should not be regulated as a …
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