SEC Commissioner: Time Is Right for Bitcoin ETF
At the Consensus 2019 conference in New York on Monday, SEC Commissioner Hester Peirce, also known as "crypto mom," discussed the regulatory environment for bitcoin ETFs. Expressing her dissatisfaction with the current law, she asserted that the SEC should do more to provide a regulatory framework for cryptocurrency including rules around safe harbor. Decrypt quoted her as saying:
I thought the time was right a year ago — even longer than that … My first chance to comment on it was a year ago … Certainly the time is right, but there are still questions floating around the SEC that need to be answered as much as possible by you all.