SEC Twitter 'Compromised,' Chair Gensler Says After Account Said Bitcoin ETFs Approved

CoinDeskPolicyPublicado a 2024-01-08Actualizado a 2024-01-09

Resumen

The U.S. Securities and Exchange Commission has not yet approved any spot bitcoin ETF applications.

The U.S. Securities and Exchange Commission (SEC) has not approved any spot bitcoin ETF applications as of Tuesday afternoon, despite a tweet from the regulator's X (formerly Twitter) account saying they had been, the agency's chair, Gary Gensler, said.

The SEC X account "was compromised," he said on his own X account, and the regulator has not yet "approved the listing and trading of spot bitcoin exchange-traded products."

10

An SEC spokesperson said in an email, "The SEC's @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff."

Advertisement
Advertisement

The regulator is widely expected to approve spot bitcoin ETF applications later on Wednesday.

The compromised SECgov X account tweeted "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges" on Tuesday afternoon. "The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection."

It included a graphic with a quote purportedly from Gensler.

Lecturas Relacionadas

Solana's Historic First Governance Vote Concludes: Why Did SGP-003 Spark Massive Controversy?

Solana has completed its first-ever formal on-chain governance vote, marking a shift towards decentralized decision-making. Three proposals, SGP-0001, SGP-0002, and SGP-0003, were voted on. SGP-0001, establishing the foundational governance framework, and SGP-0002, accelerating the reduction of SOL's inflation rate, both passed. However, the most contentious proposal, SGP-0003, failed to reach the required supermajority. SGP-0003 proposed a significant change to Solana's fee structure, introducing a variable "Resource Fee" based on computational unit (CU) consumption, which would be entirely burned. Supporters, including some core developers, argued it would create fairer resource pricing and increase SOL's deflationary pressure. Opponents, led by major DeFi applications like Jupiter and Drift, criticized it as an effective tax on complex applications, warning it would unpredictably increase operational costs and undermine business models built on Solana's low fees. The vote outcome highlights a critical tension within Solana's growing ecosystem: balancing the interests of SOL holders (through deflationary mechanisms), validators (through rewards), and application developers (through cost predictability). As Solana evolves from a high-performance blockchain to one hosting substantial economic activity, governance is becoming central to its future development and competitiveness.

marsbitHace 1 hora(s)

Solana's Historic First Governance Vote Concludes: Why Did SGP-003 Spark Massive Controversy?

marsbitHace 1 hora(s)

Wash's Jackson Hole Debut: Bidding Farewell to 'Forward Guidance', Reshaping Fed Discipline Amidst the Squeeze Between AI and Inflation

In his first Jackson Hole speech, new Fed Chair Kevin Warsh signaled a significant shift in monetary policy communication. He declared that "forward guidance," a tool heavily used since the financial crisis, has outlived its usefulness in normal times and should be retired. He cautioned that over-reliance on it can distort market signals and constrain the Fed's flexibility. Instead, Warsh emphasized a return to data-dependence and decision-making discipline. Warsh outlined seven key principles to guide policy: anchoring the 2% inflation target, pursuing the employment mandate, using short-term rates as the primary tool, acknowledging the importance of money, and maintaining purposeful, restrained communication. He stressed that policy should focus on trends, not single data points. On the current economic outlook, Warsh noted that the labor market is consistent with full employment but inflation remains "far above" the Fed's target. He highlighted that over half of the PCE basket's components are still rising above 3% annually. While acknowledging AI's transformative potential for productivity and capital allocation, he admitted its full economic impact remains uncertain and is not a factor in current policy decisions. His core message was a commitment to policy discipline rather than pre-set decisions. Warsh stated the Fed's primary focus must be on restoring price stability, vowing, "We still have work to do," until there is clear evidence inflation is moving decisively toward 2%. He concluded by framing effective monetary policy as crucial for economic prosperity and U.S. global leadership.

Odaily星球日报Hace 2 hora(s)

Wash's Jackson Hole Debut: Bidding Farewell to 'Forward Guidance', Reshaping Fed Discipline Amidst the Squeeze Between AI and Inflation

Odaily星球日报Hace 2 hora(s)

Trading

Spot
活动图片