Crypto Has Become a Non-Partisan Issue in the US: Grayscale CEO

Crypto News
Crypto News

19 Sep 2023 6:00 PM

Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it's here to stay....

  • Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue and policymakers acknowledge its permanence.
  • Grayscale is willing to collaborate with the SEC to establish a spot Bitcoin ETF.
  • The US Court of Appeals ruled in favor of Grayscale, ordering the SEC to reopen the review process for their application.
  • Grayscale adheres to regulations and eagerly anticipates constructive dialogue with the SEC.
  • Over ten asset managers, including BlackRock and Fidelity, have submitted applications for a spot Bitcoin ETF.
  • Lawmakers involved in shaping crypto legislation will continue to build on the momentum.
  • Cryptocurrency is gaining prominence among demographics supporting lawmakers from both Republican and Democratic parties.

The sentiment of the article is positive, highlighting the growing acceptance and support for cryptocurrency, particularly in relation to the establishment of a spot Bitcoin ETF.

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You May Ask

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