SEC Unprepared for Bitcoin, Applications Denied and Withdrawn as a Result

The Securities and Exchange Commission (SEC) is the U.S.’s independent exchange gatekeeper: without its blessing mainstream trading is not possible. It continues to frustrate would-be bitcoin exchange applicants who are now withdrawing. Even its former head has doubts about the SEC’s competence when it comes to bitcoin. Also read: Bitcoin Core Developer Appeals to SEC Regarding…

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