It’s time for another weekly round-up of the news that matters in the cryptosphere this week. We have seen numerous suggestions that a Bitcoin ETF may see approval in the coming months, news regarding XRP market cap manipulation, and even a massive blockchain acquisition from Facebook. It’s an exciting time to be in crypto, that’s for sure.
SEC & the Bitcoin ETF approval
One interesting story that came out of this week was that a solicitation notice was issued by the Securities and Exchange Commission (SEC) in the United States. With institutional finances getting ready to flood into the market and save cryptocurrency (we hope), the SEC’s chairman has spoken out about the lack of surveillance as well as an instance fraud at the CoinDesk Consensus Invest Conference. In addition to these topics, Jay Clayton said why he isn’t prepared for the Bitcoin ETF to occur:
“It’s an issue (manipulation) that needs to be addressed before I would be comfortable. We’ve seen some thefts around…
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