Bitcoin’s $113,000 case strengthens as US regulators push 9 crypto actions
The U.S. Securities and Exchange Commission (SEC) proposed a custody framework for investment advisers and regulated funds to hold cryptocurrencies under rules tailored for such assets. This is part of nine regulatory actions taken by agencies since August 18, covering various stages from fundraising to safekeeping. The move strengthens the case for Bitcoin's valuation at $113,000 as U.S. regulators continue to address crypto regulation.
The U.S. Securities and Exchange Commission (SEC) proposed a custody framework for investment advisers and regulated funds to hold cryptocurrencies under rules tailored for such assets. This is part of nine regulatory actions taken by agencies since August 18, covering various stages from fundraising to safekeeping. The move strengthens the case for Bitcoin's valuation at $113,000 as U.S. regulators continue to address crypto regulation.
Sources
- CryptoSlate — Bitcoin’s $113,000 case strengthens as US regulators push 9 crypto actions
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