SEC’s ‘Project Crypto’ Has Not Been Priced In, Says Bitwise CIO
Bitwise CIO Matt Hougan weighed in on the Securities and Exchange Commission (SEC) Chair’s recent speech announcing the regulator’s new initiative to develop the digital crypto industry.
Project Crypto, The ‘Most Bullish’ Document
On Tuesday, Bitwise CIO Matt Hougan discussed the SEC Chair’s recent speech, titled “American Leadership in the Digital Finance Revolution.” In a memo to clients, Hougan affirmed that “the most bullish document (…) on crypto wasn’t written by some Yahoo on Twitter. It was written by the chairman of the SEC.”
As reported by Bitcoinist, Paul Atkins outlined his vision for the financial markets over the next years in a speech to the America First Policy Institute. In the speech, the SEC…