SEC Chair Acknowledges Crypto's Rise to Multi-Trillion-Dollar Asset Class
- —SEC Chair acknowledged crypto's growth into a multi-trillion-dollar asset class since 2008
- —Nate Geraci flagged a significant regulatory shift toward digital assets
- —SEC is weighing a potential exemptive order for crypto firms
- —Institutional interest in crypto ETFs continues to rise
Why it matters: A softer SEC stance could accelerate institutional inflows and reduce regulatory uncertainty for US crypto firms.
Source: Coinfomania