House Committee Champions Spot Bitcoin ETF Approval Immediately As SEC Faces Grilling
Bitcoin House Committee Champions Spot Bitcoin ETF Approval Immediately As SEC Faces Grilling 20 detik yang lalu Berita Bitcoin Ethereum Four members of the House Financial Services Committee, including Rep. Tom Emmer, the majority whip in the House leadership, have united in a bipartisan effort to push the U.S. Securities and Exchange Commission (SEC) to greenlight spot Bitcoin exchange-traded funds (ETFs).Congressional Pressure Mounts for Spot Bitcoin ETF Approval This call comes ahead of an upcoming hearing with SEC Chair Gary Gensler scheduled for later this week. In a joint letter addressed to Chair Gensler, Representatives Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Ritchie Torres (D-N.Y.), and Wiley Nickel (D-N.C.) urged the SEC to expedite the approval of pending Spot Bitcoin ETF applications. They argued that such approval would enhance investor protection by increasing transparency and safety in accessing Bitcoin. The lawmakers emphasized that the SEC should heed the courts decisions and abandon any efforts to block Bitcoin ETFs from gaining regulatory approval. Furthermore, they called for the immediate approval of the outstanding ETF applications. SEC Facing Pressures From Industry This move follows a recent legal victory for the crypto industry when the U.S. Court of Appeals for the D.C. Circuit ruled that the SEC must re-review Grayscale‘s bid for a