Ethereum ETF Approvals and SEC's Stance on Crypto: The Impact of SEC's New Approach: In the interview, Gensler stated that the SEC is currently reviewing multiple crypto-related applications, including those for Bitcoin and Ethereum ETFs. He also mentioned that the agency is looking into the potential for a central bank digital currency (CBDC) and stablecoins. These developments have sparked excitement among crypto enthusiasts and have caused a surge in the prices of these assets, with Bitcoin and Ethereum reaching new all-time highs. Furthermore, Gensler emphasized the need for investor protection in the crypto market and the importance of regulating crypto exchanges. He also mentioned the potential for more clarity and guidance from the agency regarding crypto regulations in the near future. The Future of Crypto and What's Next: As the SEC takes a more positive stance on crypto, it is expected that more institutional investors will enter the market and drive...
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