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SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products

22 pointsby dcopeover 1 year ago

2 comments

mikeoddsover 1 year ago
Fantastic quote:<p>Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]<p>To poke a nest, which other assets are used for the aforementioned activities
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ChrisArchitectover 1 year ago
More discussion: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38943291">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38943291</a>