Former Nasdaq CEO: US SEC is slower than erosion

In the recent "The Scoop" podcast, former Nasdaq CEO Robert Greifeld said the US Securities and Exchange Commission (SEC) is slower than erosion. Many cryptocurrency companies feel the frustration of the Wall Street heavyweight when dealing with the SEC. Earlier this year, the US SEC repeatedly postponed the decision of the asset management company Bitwise and VanEck to apply for the Bitcoin ETF until the final rejection. In addition, according to the Wall Street Journal, about 35 to 40 cryptocurrency companies are awaiting brokerage trading licenses from US securities regulators.