NewsletterFormer SEC Chief Harvey Pitt, Who Pushed For A Crypto Specific US Policy, Dies
Crypto Market News: Former U.S. Securities and Exchange Commission Chairman Harvey Pitt, who had until recently voiced out the need for a crypto specific regulatory framework in the United States, passed away on Wednesday, aged 78. He had served as the SEC Chair for a period of 18 months between 2001 and 2003. Recently, he expressed his views on the need for a concise national policy for crypto market.
Also Read: Binance CEO CZ Supports Pro-Crypto Ron DeSantis For President
Harvey Pitt No More
According to a Reuters report, Pitt died on May 30, 2023, while the cause of his death are yet to be known. Speaking to CNBC in the wake of the FTX collapse in late 2022, Pitt said there was a need for a comprehensive crypto specific policy that lays out rules for crypto trade in the country. Pitt, who had worked as the regulatory agency’s 26th chairman, said regulating crypto was a national issue but not a political concern.
Also Read: Binance CEO “CZ” Discusses UAE Plans, Bitcoin Mining, Meme Coins In AMA
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Coinbase Ends $2B BVNK Acquisition Talks Amid Stablecoin Race
- Arthur Hayes Buys UNI as CryptoQuant CEO Says Supply Shock ‘Inevitable’ for Uniswap
- Grayscale Launches Options Trading For Solana ETF as SOL Funds Record 10 Consecutive Daily Net Inflows
- Firelight Confirms November Mainnet as Flare TVL Rises and Xaman Introduces Smart Accounts
- Cardano News: Wirex Partners EMURGO To Launch First Ever ADA Card
- Ethereum Price Outlook as Whales and Institutions Boost Holdings — Can ETH Reclaim $4K Before Year-End?
- Can Dogecoin Price Hold Above $0.17 Amid Weekly Surge?
- Chainlink Price Could Crash as 3 Risky Patterns Form Amid Whale Selling
- Cardano Price Could Reclaim $0.7 After Key Stakeholders Add $204M in ADA
- Uniswap Price Soars 21% on Fee Switch and Token Burn Proposal— Eyes $15 Target
- Bitcoin Price Eyes Bulls as Crypto Market Structure Bill Draft Finally Drops
