SEC Chairman: Bitcoin [BTC] is a replacement for sovereign currencies

SEC Chairman: bitcoin [BTC] is a replacement for sovereign currencies

Jay Clayton, the Chairman of Securities and Exchange Commission [SEC], spoke about the reason behind why bitcoin is not classified as a security, in an interview with CNBC. He also spoke about the much-awaited bitcoin ETF and the pre-requisites for its approval. Clayton started by speaking about the areas wherein the investors are being taken […]

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