Division of investment management cryptocurrency

division of investment management cryptocurrency

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To date, it has been reluctant to do so, and we expect that reticence to continue. A secondary concern is assisting industry professionals as they attempt to comply with sometimes complex and onerous regulations. The division oversees the registration, disclosures, and advertising of funds and variable insurance products. If it does not approve the use of other cryptocurrencies, it may provide Bitcoin with a monopoly on access to a large part of the retail market that seeks exposure to cryptocurrencies.