Abstract: The Securities and Exchange Commission authorized financial firms to offer a Bitcoin investment product that some hope will accelerate adoption of the technology.
Lead Paragraph:
Federal regulators on Wednesday approved a new financial product that tracks the price of Bitcoin, a landmark moment for the cryptocurrency industry that proponents hope will increase investment in the technology.
Source: The New York Times
Category: Business
Sub Category:
2024-01-10T21:34:28+0000
By David Yaffe-Bellany