VanEck

The U.S. Securities and Exchange Commission (SEC), the agency responsible for regulating electronic securities markets in America, has once again postponed its verdict on 3 Bitcoin exchange-traded funds (ETFs) applications. ETFs are considered by many in the digital asset industry as a breakthrough for mass adoption of BTC and other virtual currencies.

The United States (US) Securities and Exchange Commission (SEC) postponed another VanEck Bitcoin ETF approval, as per an authorized SEC filing on Monday. The US SEC, one of the agencies in charge of implementing federal securities law, as well as regulating the securities sector, stock and exchanges such as digital securities markets, said that it still needs time to collect more key information.