"The godfather of ETFs" does not believe in the imminent approval of the first exchange triptofana

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2018-11-03 22:00:10

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The Head of Cantor Fitzgerald's Reggie brown, said that investors in the cryptocurrency should not be high hopes for the SEC. According to him, the financial regulator will not give their nod for the approval of the cryptocurrency . For this to happen, the industry's first digital asset needs to receive a well-organized infrastructure for the regulation of most of these assets.

the

Bullrun will not

Recall, the company Cantor Fitzgerald was founded in 1945 and have had vast experience of conducting a variety of operations on the market. At Cantor Fitzgerald there are more than 5,000 permanent institutional clients in the areas of investment banking, broker and commercial real estate.

About the current state of kriptonyte brown said during a conference Financial Markets Quality, which was held at Georgetown University.

The Commission on securities and stock exchanges of the USA difficult to deal with the crypt, because they have not much information for analysis. In fact, the stock market has not yet reached such a stage of development.

Earlier, the CEO of the investment firm Larry Fink, a similar statement. He noted that the ETF must have support from the state, and the state is unlikely to support the idea of establishing a stock exchange triptofana, as the crypt is now very often used in illegal activities.

image Source — Reddit

But the CEO of the payment system Abra bill Barged indicates the wrong state applicants (companies) who submit their applications for the creation of ETFs. In his opinion, such funds are simply not up to the prescribed rules of the SEC, so financial regulator rejects their demands. Earlier, Barged well as the growth of Bitcoin up to $ 50,000.

Unfortunately, the expert gave no time frame for his prediction. If you want that to happen as quickly as possible, be sure to visit our . It's nice, really.

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