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‘Bankers Know They Can’t Stop Bitcoin’ – Says Max Keiser

Max Keiser has delivered a swift putdown of a US regulator head after he warned national TV cryptocurrencies such as Bitcoin are prone to manipulation.


SEC REJECTS TREATING BTC LIKE STOCKS


Speaking to CNBC, Jay Clayton, chairman of the Securities and Exchange Commission (SEC), said that fiat markets had controls over malpractice which decentralized alternatives lack.


He was debating within the context of US regulatory treatment of Bitcoin $7875.87 +0.45%, which continues as a patchwork, with investors facing a raft of perspectives depending on state and structure.

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