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Tag: Wall Street

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Wall Street and Crypto: SEC Chair Gary Gensler’s Days May Be Numbered

In a word A new security break at the US SEC, including a bogus endorsement of a Bitcoin ETF, has drawn analysis towards director Gary Gensler. Gensler’s rule, set apart by stricter guidelines for crypto and securities exchanges, has drawn in claims and been known as a “political risk.” Notwithstanding mishaps, including two lost cases…
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Is Wall Street Trying to Take Over Cryptocurrency? WisdomTree Files for Spot Bitcoin ETF

Briefly WisdomTree submits a Bitcoin ETF application, citing BlackRock’s application as a game-changer. The most recent application from WisdomTree uses the CME CF Bitcoin settlement price to value shares. Analysts are skeptical, arguing that significant company filings are part of a larger takeover by Wall Street.               Get to…
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