Bitcoin thrown lifeline by SEC Commissioner despite ETF rejection
By David Canellis
Exchange-traded funds (ETFs) for Bitcoin are back in the news again this week. Yet another application submitted by Bitcoin billionaires, the Winklevoss twins, has been shot down by the US Securities and Exchange Commission (SEC). This is their second attempt to be shut down by government regulators – the pair waited over a year for the SEC to make another ruling. To date, no cryptocurrency-based ETFs have been approved, making this a major hurdle on the way to widespread adoption by Wall Street. But all hope might not be lost – the SEC’s commissioners are not uniform in their disapproval. An…
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July 27, 2018 at 08:17AM
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