SEC: Readying for a Bitcoin ETF?

SEC: Readying for a Bitcoin ETF?

Febbraio 5, 2019 0 Di Stefano Romoli

Here’s what Jay Clayton, the chair of the SEC said about the lack of surveillance and outright fraud at the CoinDesk’s Consensus Invest conference and why he’s not ready about Bitcoin ETF:

“It’s an issue (manipulation) that needs to be addressed before I would be comfortable. We’ve seen some thefts around digital assets that make you scratch your head. We care that the assets underlying that ETF has good custody and that they’re not going to disappear.”

On Feb 3, the commission published a solicitation notice urging asking able businesses to provide viewable data of the most common blockchains in a way that “there is no loss in data completeness and accuracy due to the data transformation tools and processes applied.”

In their request, the SEC says potential businesses ought to:

“Provide blockchain data to support the SEC’s efforts to monitor risk, improve compliance, and inform Commission policy with respect to digital assets. The SEC is seeking information for potential sources to support the goal of acquiring data for the most widely used blockchain ledgers, including the universe of available information and transaction details.”