Crypto Gloom

U.S. Senator Urges SEC to Halt Approval of Spot Cryptocurrency ETF

U.S. Senator Urges SEC to Halt Approval of Spot Cryptocurrency ETFTwo U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving applications for additional cryptocurrency exchange-traded funds (ETFs). The lawmakers warned that “although Bitcoin is vulnerable to fraud and manipulation, other cryptocurrency markets are far more exposed to misconduct.” Lawmakers say SEC should not approve spot cryptocurrency ETF(…)