Chairman of the U.S. House of Representatives Financial Services Committee: The approval of the Bitcoin spot ETF is a historic milestone for the U.S. digital asset ecosystem
2024-01-11 00:48
Odaily News Regarding the U.S. SEC’s approval of a Bitcoin spot ETF, Patrick McHenry, chairman of the House Financial Services Committee, and French Hill, chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion, issued a statement saying: “Today’s approval of the Bitcoin spot ETF marks a milestone for the U.S. digital asset ecosystem. A historic milestone for the future of the system. While legislation to provide clarity and certainty for digital assets remains necessary, the steps taken today are a significant improvement to the SEC’s enforcement oversight. We are excited that investors and markets will ultimately have more opportunities Engage this innovative technology. We remain committed to strengthening consumer protections in digital asset markets through comprehensive market structure and payment stablecoin legislation.
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