Jul 15, 2020 at 12:02
News
US SEC Continues its Campaign Against Cryptocurrency Businesses
The United States Securities and Exchange Commission (SEC) has been showing hostility to the cryptocurrency businesses. While pressing hard on some projects including Telegram’s TON network and Bitcoin ETF proposals, the regulator fails to establish regulatory clarity within the industry.
Feb 29, 2020 at 08:16
News
SEC Rejects Wilshire Phoenix’s Attempt to Launch a Bitcoin ETF
The US SEC has finally revealed it’s long awaited position on the bid filed by Wilshire Phoenix for a Bitcoin ETF. Wilshire Phoenix filed its application for a Bitcoin Exchange Traded Fund in mid 2019, but SEC only responded to it recently. The financial regulator cited fraud concerns as the major reason for rejecting the ETF application.
Dec 24, 2019 at 08:53
News
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 10, 2019 at 10:20
News
US SEC Softens Stance; Is There a Chance for Bitcoin ETFs?
The financial and securities watchdog silently accepted a fund tied to the BTC futures market just a few days ago — an effort which many experts say vividly widens the chances for the endorsement of other ETFs sooner or later.
Sep 04, 2019 at 15:50
News
Cryptocurrency ETFs Might Bypass SEC’s Postponement
Several Bitcoin (BTC), cryptocurrency and blockchain advocates have been trying, without much success, to get regulatory authorization for funds so that cryptocurrency like bitcoin can be brought to potential investors. Two giant companies are now considering using a temporary fix.