Bitcoin's September Surge, Crypto's Regulatory Landscape, and the Impact of FTX Payouts
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DKleine
Eric P. Rhodes
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This week, we dive into Bitcoinās surprising September surge and SEC Chairman Gary Genslerās labeling of Bitcoin as a commodity, contrasting his regulatory stance with the more crypto-friendly Commissioner Hester Peirce. We also discuss the upcoming $16 billion in FTX repayments and its potential market impact, the growing role of institutional investors through new crypto ETFs, and Vice President Kamala Harrisās recent pro-crypto statements, questioning their sincerity amid ongoing regulatory ambiguity.
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