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Bitcoin Daily: SEC’s Gensler Speaks Against Bitcoin ETFs; Singapore Regulator Suspends Crypto Exchange Over BTS Scheme; Charlie Munger Attacks Crypto; Bitcoin Under $50,000 After Tumultuous Weekend

pymnts
pymnts
 2021-12-05
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Gary Gensler, SEC chair, says bitcoin exchange-traded funds could be ripe for manipulation and fraud, a Bloomberg report says. Gensler, speaking with Senate Banking Committee top Republican Pat Toomey, said that although non-U.S. regulators have approved ETFs, the SEC wouldn’t be influenced by that. Gensler said he’s fine with...

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