News | 02.07.19
Crypto-Based Funds Crawl Toward Mom and Pop
A fund based on cryptocurrency will eventually win approval from the SEC, predicts lone Democratic Commissioner Robert J. Jackson Jr. Jackson expects some applicant to meet the minimum requirements for a cryptocurrency-based fund that could be traded by ordinary investors. A number of cryptocurrency-based applications await the agency’s decision, he said in an interview, though he wouldn’t speculate on whether one of those will get approval or when.
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