New Bitcoin Regulations Are Coming - Former SEC Chair Jay Clayton

in LeoFinance3 years ago

Martin Young, citing CNBC’s Squawk Box interview with former US Securities and Exchange Commission Chair Jay Clayton on March 31, reports in cointelegraph.com that "Bitcoin's status as a non-security still does not protect it from the imposition of new regulations which could be coming soon."

“Where digital assets land at the end of the day […] will be driven in part by regulation—both domestic and international—and I expect, and I’m speaking as a citizen now, that regulation will come in this area both directly and indirectly whether it’s through how these are held at banks, security accounts, taxation and the like. We will see this regulatory environment evolve.”

Will it have an impact on the current price and the value of Bitcoin?

Source credit and full story - https://cointelegraph.com/news/former-sec-chair-jay-clayton-tips-new-bitcoin-regulations-are-coming

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