Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Nostoman on February 12, 2021, 02:29:04 PM
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Securities regulators' down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules.
The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds.
According to a Feb. 12 report by the Australian Financial Review, the commission addressed the subject after previously rejecting a Bitcoin ETF initiative by local company Cosmos Capital.
Per the report, Cosmos CEO James Manning claimed that ASIC “have a policy — which they have not released — which says they do not want an exchange traded product, an MIS, listed on an exchange.”
Click here (https://cointelegraph.com/news/australian-regulators-open-to-bitcoin-etf-with-rules-in-place) and express your opinion.