Former SEC official: Morgan Stanleys recent large-scale Bitcoin ETF will subject it to stricter regulation
Odaily2024/08/11 01:50
By:Odaily
Odaily News John Reed Stark, former head of the SECs Internet Enforcement Division, said that Morgan Stanleys recent launch of a large-scale Bitcoin ETF may expose it to more stringent regulatory scrutiny. Earlier this week, the Wall Street giant announced plans to allow its 15,000 licensed financial advisors to begin marketing Bitcoin spot ETFs to clients. Including BlackRocks IBIT and Fidelitys FBTC. But only for high-net-worth individuals with a net worth of $1.5 million or more and high risk tolerance. (bitcoinist)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Ethereum Foundation’s Sell-Off Continues
Cryptodnes•2024/09/20 13:18
Japan Holds Rates Steady, Bitcoin Surges Amid Market Optimism
Cryptodnes•2024/09/20 13:16
Bitcoin (BTC) Soars to 54.9% Crypto Market Dominance
Cryptodnes•2024/09/20 13:16
BREAKING: MicroStrategy Raises $1 Billion to Buy More Bitcoin
Cryptodnes•2024/09/20 13:16
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$62,915.89
-0.32%
Ethereum
ETH
$2,530.59
+3.75%
Tether USDt
USDT
$1
-0.00%
BNB
BNB
$567.73
+0.22%
Solana
SOL
$147.95
+4.81%
USDC
USDC
$0.9999
-0.00%
XRP
XRP
$0.5800
-1.23%
Dogecoin
DOGE
$0.1051
+0.07%
TRON
TRX
$0.1521
+1.06%
Cardano
ADA
$0.3543
+0.83%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now