ICYMI – US regulator (SEC) will take a “new look” at spot bitcoin ETF applications

<p>Comments on Thursday from US Securities and Exchange Commission Chair Gary Gensler interview with CNBC</p><ul><li>agency's "new look" at applications for a spot bitcoin ETF had been taking recent court rulings into consideration. </li><li>"We had in the past denied a number of these applications, but the courts here in the District of Columbia weighed in on that,"</li><li> "So we're taking a new look at this based upon those court rulings."</li></ul><p>He doesn't sound happy about it:</p><ul><li>"There's been far too much fraud and bad actors in the crypto field," </li><li>There's a lot of noncompliance, not only with the securities laws, but other laws around anti-money laundering and protecting the public against bad actors there." </li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.