Bitcoin: BTC Bulls Could Drive Prices to $6,000

She also appears to be pushing hard towards the final approval of a Bitcoin ETF which as we know will lead to an influx of institutional money and regulation from the commission.

She said, “Once “a network becomes truly decentralized, the ability to identify an issuer or promoter to make the requisite disclosure becomes less meaningful” and offers and sales of tokens are no longer subject to the securities laws.”

She concluded saying, “The SEC’s attitude toward innovation is important because we regulate an industry that is a key gatekeeper for progress and productivity in the rest of the economy. The agency’s opportunity to rethink its approach to innovation also arises out of a decade of technological development related to blockchain and cryptocurrencies.”

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