Posted 10/17/2023, 2:30:13 PM
Snowden Warns Spot Bitcoin ETFs Could Allow Traditional Finance to Control Bitcoin
- Edward Snowden warns about dangers of spot Bitcoin ETFs giving power to traditional finance
- Calls it a "subjugation" and "taming" process by traditional finance over crypto
- SEC delayed decisions on several spot BTC ETFs like BlackRock's last September
- Final deadline for SEC to review one ETF application is January 10
- Snowden says crypto community should be wary of letting traditional finance gain control over top crypto asset Bitcoin
