Bitcoin

Gary

Spot

<ul class="news-points"> 
 <li>Lawyer John Deaton argued that it is accurate to attribute spot ETF denial to Jay Clayton.</li> 
 <li>Deaton believes Gary Gensler could not reject Bitcoin spot ETF without Clayton’s actions.</li> 
 <li>This exposition comes amid Clayton’s admission that spot ETF is inevitable.&nbsp;</li> 
</ul> 
Prominent figures in the crypto community, including a legal expert, have argued that the immediate past chairman of the SEC frustrated the initial route to <a href="https://coinedition.com/tag/bitcoin-etf/">Bitcoin spot ETF</a>, only to come back to show support.&nbsp; 
In a recent post, Perianne Boring, the pro-Bitcoin founder of Digital Chamber, pointed out that Jay Clayton, former SEC Chairman, had obstructed the approval of a Bitcoin spot exchange-traded fund during his tenure. This observation comes amid Clayton’s recent admission that the approval of a Bitcoin spot ETF is inevitable.&nbsp; 
In a recent interview, Clayton expressed the contrasting view, stating that the U.S. regulator would eventually approve a Bitcoin spot ETF. However, he noted the likelihood of endorsement in the early weeks of January remains uncertain. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 I agree that spot <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#bitcoin</a> ETFs are inevitable. But let’s not forget that Mr…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/ex-sec-boss-jay-clayton-blocked-route-to-bitcoin-spot-etf-legal-expert/">Ex-SEC Boss Jay Clayton Blocked Route to Bitcoin Spot ETF: Legal Expert</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ex-SEC Boss Jay Clayton Blocked Route to Bitcoin Spot ETF: Legal Expert

Coin Edition

Other articles published on Jan 7, 2024

Solana went from $8 to $125 in a single calendar year, Retik Finance (RETIK) currently at $0.06 i...

Hidden Risks in the Bitcoin ETF Launch; Investors Show Confidence in Filecoin & RebelSatoshi

Pokemon Teases Funko Pop Pokemon Collection Exclusive 2024

HEX: What is it? Know the Goals and Associated Concerns

Rising Global Temperatures: Climate Scientists Warn of Dire Consequences

Binance Coin (BNB) Price Analysis for January 7

Join our free newsletter for daily crypto updates!