NEW YORK (Reuters) - Arthur Levitt, a former chairman of the U.S. Securities and Exchange Commission, said on Thursday he believed the regulator was ill equipped to deal with bitcoin, the digital ... Arthur Levitt, former chairman of the US Securities and Exchange Commission (SEC), was announced this Tuesday (28th) as the new advisor for two United States-based Bitcoin companies, BitPay and Vaurum. “Bitcoin is a fascinating new product in the rapidly changing world of financial service“, says Levitt, who is now working with BitPay, the world’s biggest Bitcoin payments processor, and ... Nazareth has also been Senior Counsel to former SEC Chairman Arthur Levitt and served briefly as the Interim Director of the Division of Investment Management. She then served as SEC Director of the Division of Market Regulation from March 1999 to August 2005. As Director, she had primary responsibility for the supervision and regulation of the US securities markets. Er zitiert auch jüngste Äußerungen des ehemaligen SEC-Vorsitzenden Arthur Levitt über eine erneute, globale Konzentration auf die Inflation. „Da die Regierungen weiterhin mehr Geld drucken, braucht es offensichtlich mehr Geld, um Dinge mit festem Angebot zu kaufen. Die Menschen strömen zu Bitcoin auf der Suche nach einem alternativen Wertspeicher.“ Trotz seines optimistischen ... When prompted about bitcoin and the SEC, Arthur Levitt answered he believes “the tendency of the [SEC] has been to stay away from bitcoin.” It appears, Mr. Levitt continued, the SEC doesn’t “want to take on something as complex from a regulatory point of view as bitcoin is.” Controversy swirls in the bitcoin community about the value of mainstream and OTC speculation. Some are ... Today, Arthur Levitt and Sheila Bair who are the former SEC and FDIC chairs respectively have joined a cryptocurrency focused firm as members of the board of advisors. Arthur served as the chairman of the United States Securities and Exchange Commission ( SEC ) between 1993 – 2001 and is considered to have served for the longest term in the SEC’s history.
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