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US regulator's Bitcoin ruling deemed game changing for wealth managers

Katie Royals, 11/01/2024

The US Securities and Exchange Commission (SEC) has approved “a number” of Bitcoin ETFs, sending the cryptoasset market into a frenzy.

There was some confusion over the announcement after a hacked ‘X’ account earlier in the week led to the news being leaked earlier than planned.

This move has been described as a “coming of age” moment for the digital asset space, by wealth managers.

Harry Rogers, a director at Bentley Reid, said: “For the fi...


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