Aug. 31, 2022
August 31, 2022 I'm frustrated with your lack of clarity on crypto regulation. Your second goal is to \"Develop and implement a robust regulatory framework that keeps pace with evolving markets\", and I feel that you've failed to do that. Your first goal of protection families against manipulation is also a failure. People are able to buy Bitcoin futures, and also buy perform highly risky 10-100x Leveraged trading with Bitcoin, and yet you keep denying applications for the spot ETF. Mr. Ginsler is clearly well versed on Bitcoin and it's risk short term volatility versus long term value, so it doesn't make sense that I'm not able to buy a Bitcoin spot ETF for my IRA account. As many have pointed out, the Howie test is too old and irrelevant to cryptocurrency which has many different practical uses beyond expectation of profit. By your current rules, someone buying a used Rolex is buying a security, and that doesn't make sense. The XRP lawsuit is a waste of taxpayer money too. What exactly has this lawsuit done to protect the people who bought it, after XRP has been on the market for many years?