The United States Securities and Exchange Commission (SEC) started reviewing a rule change proposal for NYSE Arca’s Bitcoin (BTC) exchange-traded fund (ETF) on Feb. 11, according to an official document published today, Feb. 15. According to the notice, the NYSE Arca exchange filed a rule change proposal to list and trade shares of the Bitwise …
The United States Securities and Exchange Commission (SEC) announced it had gained an injunction against initial coin offering (ICO) operator Blockvest, overturning a 2018 court order. The regulator reported the development in a press release published on Feb. 14. Blockvest, which the SEC suspects of offering and attempting to sell unregistered securities via its BLV …
Luxembourg lawmakers have passed bill 7363 into law, facilitating the use of blockchain technology in financial services, according to an official announcement published by the country’s parliament, the Chamber of Deputies, on Feb. 14. The new law aims provide financial market participants with more transparency and legal certainty in regard to the circulation of securities …
The chief financial officer (CFO) of crypto exchange Binance — currently the world’s largest by daily trading volumes — has said business remains profitable, despite the market downturn. The CFO, Wei Zhou, made his remarks in an interview with CNBC on Feb. 14. With Bitcoin (BTC) trailing below $4,000 for the past ten weeks — …
Barry Silbert, CEO and founder of Digital Currency Group and Grayscale Investments, said that the majority of digital tokens will not have value in the long run, CNBC reports on Feb. 13. In a purported phone interview with CNBC, Silbert said “I’m not a believer in the vast majority of digital tokens and I believe …
The United States (U.S.) Securities and Exchange Commission (SEC) has requested the withdrawal of a proposed exchange-traded-fund (ETF) submitted by Reality Shares ETF Trust, according to a letter published by the SEC on Feb. 12. In the document, the SEC specifies that the withdrawal was “at the request of the Staff of the U.S. Securities …
The New Zealand Police have reported that recently hacked crypto exchange Cryptopia is ready to be relaunched and resume operations, Auckland-based news agency The New Zealand Herald reports on Feb. 13. Detective inspector Greg Murton reportedly said that the main part of the work required by the High Tech Crime Group at Cryptopia’s business premises …
Users of Coinbase Wallet can now back up their private keys on Google Drive or iCloud, according to an official announcement on Feb. 12. In the statement, Coinbase states that allowing users to upload their keys to a cloud provides a safeguard against lost keys, will will help them avoid losing funds should the keys …
New Ethereum (ETH) being generated through mining is at its lowest rate ever, Etherscan data reveals on Feb. 11. According to Etherscan, on Feb. 10, 13,370 new ETH have been created, down from over 20 thousand in December 2018 and an all-time-high of over 39 thousand reported on July 30, 2015. The recent sharp decrease …
South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the …