The U.S. Securities and Exchange Commission (SEC) extended a rule change proposal allowing the nation’s first bitcoin exchange-traded fund (ETF), pushing the decision deadline to next year.
In a notice posted online, the securities regulator said it was extending the review period for the ETF to Feb. 27, 2019. The proposal was first submitted by money manager VanEck and blockchain startup SolidX, who partnered with the Cboe exchange earlier this year. Under SEC rules, a decision on the proposal cannot be delayed any further, meaning the next notice must either approve or reject the ETF. read more....
0 Comments
Developers Launch Cryptocurrency Payment GatewayThe private beta version of Atomicpay will be available to a limited group of testers, but anyone who is interested can register to try it, the developers said. The founders of Atomicpay claim that the new software is a “decentralized” cryptocurrency payment processor that allows merchants to accept cryptocurrencies directly from customers in a “trustless environment.”
“We process payments but we do not hold any funds and no more middlemen. Money goes directly to your wallet. You have immediate ownership and full control of your money,” the team explained during the beta launch announcement. continue reading... Last week, the U.S. federal court ruled a case between the U.S. Securities and Exchange Commission (SEC) and a crypto initial coin offering (ICO) project called Blockvest in favor of the ICO project.
Marco Santori, the president and chief legal officer at Blockchain, said: “The SEC brought an enforcement action against a company called Blockvest, alleging that Blockvest’s ICO was a securities offering. SEC asked the court for a preliminary injunction (an order freezing Blockvest’s assets, among other things) so it called a hearing on the evidence.” The SEC failed to justify that the ICO in question was actually a security and the court refused to acknowledge the token as a security solely based on the distribution method of the asset. read more... |
CryptoPreneurClubThe CryptoPreneur Club primary purpose is to teach Filipino’s about CryptoCurrency and become a CryptoPreneur. We will create informative material for them to learn more about Crypto Currency. How it will affect your LIFE in the next coming days!!! Be part of our club and lets teach the world about crypto!!! Archives
August 2019
Categories |