SEC and the fear of Bitcoin ETF
Manipulation is not unique to crypto. It’s alive and well in stock markets, not to mention the Forex market. So why is the SEC so afraid of approving a Bitcoin […]
Manipulation is not unique to crypto. It’s alive and well in stock markets, not to mention the Forex market. So why is the SEC so afraid of approving a Bitcoin […]
The exchange-traded fund market is defined by transparency and disclosure. But a nearly decadelong effort to redefine those aspects of the market has finally crossed the finish line at the […]
The U.S. Securities and Exchange Commission (SEC) released its crypto framework on Wednesday, in which the agency published guidelines on which cases it considers tokens as securities. Before diving in, […]
The year 2018 turned out not as expected by most crypto stake holders with the market mostly on a bear run. Looking back, a few factors seemed to have shaped […]
A New York judge ruled on Tuesday that the US Securities and Exchange Commission can proceed with its legal case against the organizer of two initial coin offerings (ICOs), who […]
The U.S. Securities and Exchange Commission (SEC) has decided to place a stay on three orders that rejected Bitcoin exchange-traded funds (ETFs) seeking to be listed on the NYSE Arca […]
Cryptocurrency industry giant Coinbase on Wednesday announced that it is “on track” to register with the US Securities and Exchange Commission (SEC) as a broker-dealer, a move which would allow […]
The U.S. Securities and Exchange Commission (SEC) disapproved on Friday the Bats BZX Exchange filing to list and trade shares of the Winklevoss Bitcoin Trust. The shares, representing 0.01 BTC, would have tracked the price of bitcoins on the Gemini Exchange. The digital-asset exchange is owned and operated by the Gemini Trust Company, which would have owned the equivalent share value in bitcoins.
The SEC classified the shares as an exchange-traded product (ETP), which typically provide investors with exposure to securities or other assets such as commodities. The world’s largest asset manager, Blackrock, states that the global ETP market is worth $3.5 trillion.