Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Blackrock Warns Classifying Bitcoin as ‘Security’ Would Negatively Affect Its Value

Blackrock Warns Classifying Bitcoin as ‘Security’ Would Negatively Affect Its Value


Coin Edition
2023-12-11 08:33:02

BlackRock, the world’s largest asset manager and one of the forerunners in the spot Bitcoin exchange-traded fund (ETF) race, has warned about the consequences of the U.S. Securities and Exchange Commission’s (SEC) classification of Bitcoin as a security. The firm noted this concern in an update to its ETF filing, where it said, “If a The post Blackrock Warns Classifying Bitcoin as ‘Security’ Would Negatively Affect Its Value appeared first on Coin Edition .


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.