✉news BusinessCrypto first seen 8 h ago, last 12 min ago, peak #2
Coinbase executive says CFTC approval opens doors for Bitcoin
Original: Coinbase's Ryan VanGrack: CFTC Approval "Opens Many Doors" For Bitcoin
Ryan VanGrack, a Coinbase executive, said a new CFTC approval "opens many doors" for Bitcoin, signaling that the regulatory green light could expand the cryptocurrency's legitimate trading and product offerings in the United States. The comments add to a growing wave of institutional and regulatory milestones that crypto advocates say are bringing Bitcoin further into the mainstream financial system.
Why now: Regulatory approval from the CFTC is seen as a major legitimizing step for Bitcoin and US crypto markets.
CoinbaseRyan VanGrackCFTCBitcoin
Evidence
- Coinbase's Ryan VanGrack: CFTC Approval "Opens Many Doors" For Bitcoin · Bitcoin Magazine
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