What Does The SEC Really Think About Cryptocurrency?

On Tuesday, SEC Chairman Jay Clayton reiterated his strict stance on digital currency ETFs, citing fears over theft and market manipulation.Speaking at New York’s Consensus Invest conference, Clayton emphasized that he would not be comfortable with a bitcoin ETF until he saw better market surveillance and custody for cryptocurrencies."We've seen some thefts around digital assets that make you scratch your head," said Clayton. "We care that the assets underlying that ETF have good custody and ...