Yahoo Finance published this video item, entitled “Bitcoin ETFs make case for US crypto regulation: Sen. Lummis (R-WY)” – below is their description.
Following the Securities and Exchange Commission (SEC) approval of spot bitcoin ETFs tradings on Wednesday, Senator Cynthia Lummis (R-Wy.) joins Yahoo Finance Live to discuss the growing momentum behind crypto adoption and regulation.
Lummis notes that SEC-sanctioned crypto funds allow expanded access for investors who “want exposure to bitcoin but are reluctant to self-custody” of digital assets. With traditional finance embracing crypto’s “long-term benefits,” she says that “helps make the case” for more policy guardrails in the crypto space.
However, Lummis warns the US currently lags behind in formalizing “a well-understood and secure regulatory framework” for crypto assets versus other nations. She says the approved filings show “the importance” for legislation like the bipartisan Lummis-Gillibrand Responsible Financial Innovation Act.
#CRYPTO #BITCOIN #YOUTUBE
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
Yahoo Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
