Mar 6, 06:31 PM

Regulators Debate SEC Spot Ether ETFs Amid Yellen's Statements and CFTC SEC Conflicts, Regulatory Legislation Needed

Janet Yellen's recent statements on cryptocurrency have sparked discussions among regulators and the public. The SEC is considering the approval of spot ether ETFs, with comparisons drawn to bitcoin ETFs. CFTC and SEC officials weigh in on the classification of ether and bitcoin as commodities or securities, highlighting potential conflicts and the need for regulatory legislation.

#Janet Yellen #SEC #CFTC

Written with ChatGPT (GPT-3).

Sources

The Block@TheBlock__
2 years ago
Legislation needed to regulate crypto, CFTC Chair Behnam says, citing crypto's recent uptick in value https://t.co/fIXolkoEoe
Blockworks@Blockworks_
2 years ago
CFTC Chair says ETH, BTC are commodities and things will get tricky if the SEC says otherwise https://t.co/n55zLyVkaj
blockchain tipsheet@blockchaintpsht
2 years ago
Agency conflict over Prometheum’s decision to custody ether. CFTC Benham says defining ether as security would issues with @CFTC. Prometheum’s SPBD license via @SECGov creating complications. https://t.co/OIq9fGtxoJ

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Regulators Debate SEC Spot Ether ETFs Amid Yellen's Statements and CFTC SEC Conflicts, Regulatory Legislation Needed

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