The former head of the United States Securities and Exchange Commission believes that a spot Bitcoin exchange-traded fund (ETF) is inevitable. U.S. regulators say they have not blocked artificial intelligence (AI) chip exports to the Middle East, responding to reports from chipmakers that the U.S. government had expanded requirements for export licenses for AI chips. Meanwhile, the United Kingdom’s crypto Travel Rule has come into effect, which could see certain crypto transfers halted by crypto-asset businesses under the laws.
U.S. spot Bitcoin ETF approval is “inevitable," says former regulator
The former head of the U.S. Securities and Exchange Commission (SEC) believes that a spot Bitcoin ETF approval is “inevitable."