“The SEC is very concerned with market manipulation related to Bitcoin prices, and has cited this in almost, if not all, previous rejections,” Graeme Moore, Head of Tokenization, at the Polymesh Association, said earlier to CoinDesk. “This is because the SEC’s view is that Coinbase and others are not regulated as exchanges and therefore cannot be trusted to ‘prevent fraudulent and manipulative acts and practices’.”
Related posts
-
Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’
Mad Money host Jim Cramer has picked bitcoin over Microstrategy’s stock (MSTR), calling the cryptocurrency “a... -
Bitcoin At $100k Presents Psychological Resistance
Este artículo también está disponible en español. Despite heightened expectations for the Bitcoin price to hit... -
Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’
Robert Kiyosaki strongly endorsed Michael Saylor’s bitcoin strategy and his $13 million BTC forecast. He urged...