The Securities and Exchange Commission (SEC) expressed serious doubts about the liquidity and price volatility of the Crypto-currency and related products. The department believes that the activities of stock exchange investment bitcoin-funds at the moment will not meet the requirements of the regulator.This is reported by TechCrunch .
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Blass also stressed that the Commission is concerned about the wide possibilities for manipulating the crypto currency market and the frequent application of the arbitrage trading strategy.
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In addition, the SEC doubts that many financial institutions are eager to act as trustees and guarantee the security and security of the crypto-currency assets of such funds.
Earlier, Dahlia Blass stated that the SEC faced some difficulties in developing a regulatory policy for bitcoin-ETF.
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