[HN Gopher] SEC Statement on the Approval of Spot Bitcoin Exchan...
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SEC Statement on the Approval of Spot Bitcoin Exchange-Traded
Products
Author : dcope
Score : 16 points
Date : 2024-01-10 21:33 UTC (1 hours ago)
(HTM) web link (www.sec.gov)
(TXT) w3m dump (www.sec.gov)
| mikeodds wrote:
| Fantastic quote:
|
| 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]
|
| To poke a nest, which other assets are used for the
| aforementioned activities
| isubkhankulov wrote:
| Paper money and gold through the hawala networks. Both have
| ETFs.
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(page generated 2024-01-10 23:01 UTC)