Wall Street Insiders Are Belongings Undercover Meetings - On How To Accept Cryptocurrency Into The Mainstream...
"We've approached countless large investors over the final few months as well as they've told us 2 things - they desire in, but get-go there's a few steps the cryptocurrency the world needs to take. Without going into all the specifics - we're taking those steps" says my source from a major San Francisco based cryptocurrency companionship - who wishes to stay unnamed for now.
Among topics discussed were how these large firms working together could run to "validate [cryptocurrency's] potential role inward global markets" and the "implications of hereafter rule for cryptocurrencies" every bit good every bit "what the necessary tools are as well as what surveillance volition last needed" a source told Bloomberg.
Expanding on the theme of 'surveillance' this calendar week was the denial of an application to launch the get-go Bitcoin ETF, placed past times the Winkelvoss Twins who get-go reached fame for suing Mark Zuckerberg claiming they created Facebook. Zuckerberg settled out of court, they therefore launched the Gemini exchange.
Gemini latterly hired NASDAQ for this exact reason, to utilization the tools they developed to furnish surveillance over the stock marketplace as well as spot manipulation, as well as utilise it to the cryptocurrency markets.
While they were denied this week, every bit surveillance capability expands SEC commissioner Hester Peirce has made her seat clear - the cease finish for her is to approve a Bitcoin ETF. These comments triggered the light-green we're seeing on the charts today.
"This volition non last the final coming together of this nature" says Bloomberg's within source.
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E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM
San Francisco News Desk
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