Bitcoin, Blockchain, And The Technologies Of Our Future

On Tuesday, SEC Chairman Jay Clayton reiterated his strict stance on digital currency ETFs, citing fears over theft and market manipulation.Speaking at New York’s Consensus Invest conference, Clayton emphasized that he would not be comfortable with a bitcoin ETF until he saw better market surveillance and custody for cryptocurrencies."We've seen some thefts around digital assets that make you scratch your head," said Clayton. "We care that the assets underlying that ETF have good custody and that they're not going to disappear."The Chairman’s skepticism is not surprising, given that the SEC has repeatedly rejected crypto-ETF bids in the past. Custody concerns, and worries about the potential of market manipulation have been offered as reasons for rejections in the past, but not everyone at the SEC is in agreement about these rejections. SEC Commissioner Hester Peirce criticized the agency’s disapproval of a Winklevoss-backed bitcoin ETF back in August. There is also concern in th