markjgsmith

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SEC Accepts Blackrock's ETF Application, signaling regulatory review - Several countries outside the US have been officially allowing ETFs, which make it easier to invest in a basket of crypto assets. So far the US has been blocking the creation of these financial instruments, so this is quite big news. Especially because Blackrock is such a large organisation. Also this week, the U.S. courts have pushed back on regulators for being overly zealous going after crypto companies. They officially ruled that Ripple's token XRP is not security. Securities typically have to follow much more stringent rules, and regulators have been attempting to apply these rules to many other cryptos, effectively putting them out of business. There appears to be a break in the clouds for the crypto industry. cointelegraph.com #

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