Grayscale Investments has filed a petition for review after the Securities and Exchange Commission denied its application to turn the Grayscale Bitcoin Trust into a spot Bitcoin ETF.
Sen. Cynthia Lummis, R- Wyo., discusses how she teamed up with Sen. Gillibrand to create a regulatory framework for cryptocurrency.
"I do think the state of crypto in DC is at a place that its never been before," he added. "The amount of engagement, the amount of attention and the willingness to engage on these issues is really important and we’re seeing countries around the world continuing to adopt crypto and crypto-focused regulation because they don’t want to squander innovation. They want to create job growth and they want to make sure that they stay competitive from a technological perspective.
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