Dec 24, 2019 at 08:53
US SEC Suspends Verdict on Bitcoin ETF Application until January 2020
The US Securities and Exchange Commission (SEC) has suspended the Wilshire Phoenix’s Bitcoin exchange-traded fund (ETF) proposal. As per the official document issued by the SEC, they have decided to go forward with setting the proposal under further review. By Feb 26, next year, the commission will make a final decision on whether to allow or not to allow BTC ETF and also ascertain their status.
Dec 18, 2019 at 10:33
Will China Dominate the United States in the Blockchain Space?
China is by far a clear blockchain and distributed ledger technology (DLT) front-runner at this moment in time and the United States is in a critical condition of losing out completely if it doesn’t check itself and begin the venture in a massive manner.
SEC Charges $42 Mln ICO with Trading Unlicensed Securities
In the due course of searching for fake initial coin offerings (ICO), the United States Securities and Exchange Commission (US SEC), the authority in charge of monitoring and regulating electronic securities, has managed to charge another blockchain and distributed ledger tech (DLT) initiative with cheating a massive number of investors, to collect around $42 million.
Investors to Turn to Bitcoin as US Stock Markets Are Expected to Fall in 2020
The way the United States stock market picked up this year stunned cynics, and even up to now, indexes have gone on to rally regardless of the disappointing performance and holdups of the FAANG stocks. However, the Wall Street analysts are forecasting that next year (2020) will more likely be an inactive period. Now the big question is whether or not Bitcoin and crypto markets will have all the necessary attention.
FBI Leaders Say Bitcoin Is a Major Threat to the US
The FBI thinks bitcoin can pose a general threat to the USA. During an inquiry on security threats fronting the US and the world at large, an American lawyer serving as a Director FBI Christopher Asher Wray affirmed this to the chief oversight agency dubbed Senate Homeland Security Committee and Government Affairs.
U.S. Court Orders Longfin Cryptocurrency Firm to Pay Nearly $7 Mln in Fines
Longfin Corp., a NASDAQ-listed independent finance and tech firm, that unexpectedly jumped onto the cryptocurrency bandwagon with the aim of benefiting from the bitcoin (BTC) bull run that happened in December 2017, was recently ordered by a New York federal court to recompense around $7,000,000 in fines and disgorgement for fake operations, as per a U.S. SEC report issued on Sept 30.
Developing 'Crypto' Is Better Than Tracking Bitcoin Users, NSA Decides
The United States (US) defense intelligence authority the National Security Agency (NSA) is purportedly designing a quantum-resistant crypto. The NSA has circumscribed it resources and undertakings in the blockchain and cryptoasset arena to track all Bitcoin (BTC) users, and it has even gone ahead to create its own electronic money.