New Bitcoin regulations are coming, warns ex-SEC chairman

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New Bitcoin regulations are coming, warns ex-SEC chairman

CryptoSlate2 weeks ago
Published on April 03, 2021 05:19 GMT+0edited on April 03, 2021 05:22 GMT+0

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Former US Securities and Exchange Commission (SEC) chairman Jay Clayton has suggested that Bitcoin and other cryptocurrencies will definitely be more regulated in the future.

“I expect that regulation will come in this area both directly and indirectly,” he said during an interview with CNBC’s Squawk Box yesterday.

"Where digital assets land at the end of the day–will be driven in part by regulation both domestic and international, and I expect that regulation will come in this area both directly and indirectly," says Former SEC Chairman Jay Clayton on #bitcoin. pic.twitter.com/voWcgCFqOH

— Squawk Box (@SquawkCNBC) April 1, 2021

Clayton, who recently became a cryptocurrency advisor to investment firm One River Asset Management, noted that while Bitcoin wasn’t …