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XRP Supporters Celebrate, Kiyosaki Says Dollar 'Will Die,' RFK Jr Holds Bitcoin, and More — Week in Review
This past week has been a big one for Ripple supporters, who are now celebrating what they view as at least a partial win for the digital asset XRP in the legal battle against the U.S. Securities and Exchange Commission (SEC). In other news, Rich Dad Poor Dad author Robert Kiyosaki says the USD “will die,” reports show that Robert Kennedy Jr. holds bitcoin, and economist Jim Rickards says U.S. president Joe Biden “has destroyed the dollar.” All this just below, in the latest Bitcoin.com News Week in Review.
Bitcoin Price Takes Hit As SEC Reportedly Brands ETF Filings 'Inadequate'
The US Securities and Exchange Commission (SEC) has raised concerns about recent applications for spot bitcoin exchange-traded funds (ETFs).
The agency found that the applications, submitted by asset managers like BlackRock and Fidelity through exchanges Nasdaq and CBOE Global Markets, lacked clarity and completeness.
The SEC has informed Nasdaq and CBOE about these inadequacies, but no official comments have been made by the parties involved.
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