Moving Bitcoin ETFs Forward

News, Opinion, Regulation | January 24, 2020 By:

For years, digital market asset participants and US regulators have engaged in a dialogue around the approval of a Bitcoin Exchange Traded Fund (ETF). Nearly every attempt has been unsuccessful, either rejected outright by the Securities and Exchanges Commission or withdrawn by the applicant.

Each of these applications have taken their own approach towards satisfying the requirements demanded by the SEC of ETFs,

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US SEC Delays Decision On VanEck Bitcoin ETF Application

News | May 21, 2019 By:

The US Securities and Exchange Commission (SEC) has again delayed its decision on the VanEck and SolidX bitcoin exchange-traded fund (ETF) proposal.

The bitcoin ETF proposal was filed by Chicago Board Options Exchange (CBOE) in June 2018. In September 2018, the SEC postponed its decision claiming that there was not adequate statements support to the proposal.

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ICOs Are Subject To Strict Regulatory Scrutiny – SEC Chairman Jay Clayton

News, Regulation | November 27, 2018 By:

Jay Clayton, chairmain of the US Securities and Exchange Commission (SEC), has reiterated that many initial coin offerings (ICO) can be categorized as securities.

In an interview with CNBC, Clayton said that while bitcoin remains a commodity, other ICO tokens classify as securities and companies that want to conduct one have to adhere to any relevant legal requirements that the SEC has outlined.

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