Crypto-lawyer tweetstorm pours cold water on VanEck/SolidX bitcoin ETF hopes

A noted crypto-commentator has given a gloomy outlook on the chances of VanEck/SolidX's ETF proposal getting the thumbs up in February. One of the big cryptocurrency narratives of 2018 has been the initial expectation, and eventual disappointment, surrounding the US Securities Exchange Commission (SEC) approval of a bitcoin Exchange Traded Fund. Su...
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Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

  Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF). In the latest push to convince the regulator to approve a rule change which would open the door for the country's fi...
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Will the next crypto bull come from Wall Street?

  The BitCoin price has been dancing around the seven thousand mark after it lost momentum from a short boost. And as it went down again, the whole market followed suit, as usual. We all know about it. A bullish run is about to hit the cryptocurrency market, it's unavoidable, and it will all start when BitCoin's price picks up spectacularly. I...
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BITCOIN Winklevoss twins’ Bitcoin ETF disapproval doesn’t mean Bitcoin has no value, says SEC

  On 26th July, the U.S Securities and Exchange Commission disapproved a rule change proposed by the Bats BZX Exchange to trade the Winklevoss twins Bitcoin ETF for the second time. On 30th June 2016, the exchange company had filed for a proposed rule change with the States and Exchanges Commission. The proposal for the rule change was rejecte...
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Bitcoin ETF Comments Submitted to SEC Overwhelmingly Positive

  On June 26th, 2018, the Cboe submitted a Bitcoin ETF proposal to the U.S. Securities and Exchange Commission. In order to better understand the public sentiment, the SEC publically shared the submitted document with an invitation to comment. The SEC's request for comments was met with much interest; as 210 displayed comments on the SEC websi...
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Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services

  Major U.S . crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July 19. Coinbase launched "Coinbase Custody," its digital assets custodian solution for large institutional investors, on July 2. The new service is notably secured through an independent broker, ...
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Coinbase Retracts Announcement of Regulatory Approval to List Coins Considered Securities

Crypto exchange and wallet Coinbase has retracted its previous statement that it received approval from the U.S. Securities and Exchange Commission ( SEC ) to trade in securities, Bloomberg reports July 18. Last week, Coinbase reported that it could now operate as a broker dealer, offering digital tokens considered to be securities, after its acqui...
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CBOE Global Markets Files New Bitcoin ETF License Application With SEC

  The United States has received another application from CBOE Global Markets . Other applications have unfortunately not been approved, but a Bitcoin ETF appears to have a better change of success. Many of these rejections have occurred as a result of an unregulated market, but the SEC has recently made clarifications. These changes show that...
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Crypto Markets Rebound After News the US SEC Will not Consider Ethereum a Security

June 14th: all but two of the top 100 cryptocurrencies by market capitalization are are making gains, according to Coinmarketcap data. Gains in of over 10 percent in some coins are a welcome respite for investors after crypto markets took a battering over the course of last month. Today's gains are likely due to positive news that Ethereum (ETH) wi...
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Investment Firm VanEck Attempts New Bitcoin ETF Filing, Aims at Institutional Players

  VanEck and SolidX Partners Inc. have filed a request to list a Bitcoin-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), Bloomberg reports June 6. VanEck is an NYC-based investment management firm with $38 bln under management and SolidX is a provider of blockchain software development and financial ser...
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Coinbase Acquires Financial Services Firm to Become SEC-Regulated Broker Dealer

  Leading US cryptocurrency trading platform Coinbase initiated the process to become a fully regulated broker dealer by the US Securities and Exchange Commission (SEC). According to an announcement published June 6, this is made possible by the acquisition of securities dealer Keystone Capital Corp. in addition to Venovate Marketplace, Inc., ...
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SEC Chairman Jay Clayton Says Bitcoin Not a Security, Most ICOs Likely Are

  Jay Clayton, the chair of the US Securities and Exchange Commission ( SEC ), believes that Bitcoin (BTC) is not a security since it acts as a replacement for sovereign currencies, CNBC reports today, June 6. Clayton, when speaking about the "incredible promise" of distributed ledger technologies driving efficiencies in markets, clarified dur...
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