Category: SEC
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SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending
The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin ETF, as the commission is due to make…
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Is Nasdaq about to introduce Bitcoin?
It’s no secret that there is a growing interest among institutional investors for Bitcoin. Just as the Intercontinental Exchange (ICE) is reportedly eyeing a BitLicense for its cryptocurrency exchange Bakkt, just a few months ago, Nasdaq launched Brave New Coin’s Bitcoin and Ethereum Liquidity Indexes (BLX and ELX). Today, Nasdaq is back in the news…
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Meet Andrew Yang, the pro-bitcoin presidential candidate
Andrew Yang, the 2020 Democratic presidential candidate, has now become the pro-cryptocurrency candidate. Crypto was recently added to his list of platform priorities, joining Yang’s push for policies such as universal basic income, Medicare for all, and human-centered capitalism. Who Is Andrew Yang? Andrew Yang is a tech-savvy lawyer who hails from the startup scene.…
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Cardano (ADA) founder Charles Hoskinson: “perfect operability just a decade away”
[youtube https://www.youtube.com/watch?v=_VAX8JyfstE&w=560&h=349] Charles Hoskinson, the CEO of Cardano and one of the co-founders of Ethereum, provided some context to Cardano’s plans for the future ahead of the company’s Apr. 17th IOHK Summit in Miami. Hoskinson’s latest interview revealed the company’s target market and the very specific ways in which it plans to enter them. Personality…
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U.S. is Falling Behind in Crypto Exchange Volume: Regulation to Blame?
Despite being home to the NYSE and NASDAQ, which comfortably lead the rest of the planet in terms of exchange volumes, the U.S. has conceded its initial crypto exchange leadership position to Asia. While exchanges like Poloniex once recorded the highest volumes, a new breed of hard-driving Asian exchanges such as Binance and Huobi now…
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Bitcoin’s fees, security, and adoption have improved since the last bull market
When compared to 2017’s bull market, Bitcoin’s transaction fees, network hashrate, and adoption have improved. Despite what naysayers might say, the fundamentals behind the original cryptocurrency continue to advance. Cheaper Transactions by Volume During the 2017 bull run, the slow nature of bitcoin transactions and the accompanying high fees made bitcoin almost impractical to use.…
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Bitcoin ETF will Increase Demand and Price of BTC, Interview with Finance Researcher Stephen McKeon
CryptoSlate conducted an interview with Stephen McKeon, chief strategy advisor to Security Token Academy and associate professor at the University of Oregon. McKeon anticipates that a Bitcoin ETF will give institutional investors greater access to the asset, increasing the demand and price of BTC. He also elaborated on topics ranging from asset tokenization, crypto’s role…
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SEC Steps Up Efforts to Regulate Virtual Currency Offerings and Exchanges
The US Securities and Exchange Commission (“SEC”) has recently stepped up its enforcement actions against virtual currency exchanges and Initial Coin Offerings (“ICOs”) that violate federal securities laws. Due to the highly technical nature of virtual currency and its underlying technology, the area long operated as a sort of financial Wild West, with consumers and…
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Thailand Approves Country’s First ICO Portal
Thailand’s Securities and Exchange Commission (SEC) has reportedly approved the country’s first portal for initial coin offerings (ICOs). The main purposes of these portals are to screen tokens, perform due diligence, ensure project consistency with its whitepaper, and verify the know-your-customer process. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval First…