“After the Commission has had the opportunity to fully analyze the court’s opinion in light of the record, including the reasons for rejection set forth … we believe the Commission should conclude that there are no grounds for treating the Trust differently from ETPs that invest in bitcoin futures contracts,” Grayscale’s legal team wrote in a letter to the regulator on Tuesday.
CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions. Source link