Bloomberg Intelligence analyst says EFT bitcoin industry is awaiting SEC approval.
Now, in his opinion, the SEC is closer than ever to issuing a permit.
Why is the SEC close to issuing a permit right now?
Extensive implementation of institutions in cryptocurrencies.
The growth of "default" crypto products.
And also launched in Canada by EFT.
Canadian crypto-EFT has $ 2.3 billion in assets. The Canadian market is 1/27 of the US market. Accordingly, the US crypto EFT can be expected to hold around $ 60 billion.
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