By Vin Narayanan I’m running out of patience with the Securities and Exchange Commission (SEC). And you should be too.
The SEC has been refusing to approve a bitcoin exchange-traded fund (ETF) for years because it fears the bitcoin market can be manipulated. And VanEck, a highly respected investment firm that has created dozens of ETFs already regulated by the SEC, just withdrew its very good bitcoin ETF proposal because it became clear the SEC isn’t ready to approve it.
The fear is nonsensical. Every market can be, and is, manipulated on some level.
You want proof? Look no further than this week’s news that the …read more
