SEC Reschedules Approval Decision on Wilshire Phoenix’s Bitcoin ETF Proposal to February

The US Securities and Exchange Commission (SEC) has yet again delayed their decision on whether to approve Wilshire Phoenix’s proposal for Bitcoin as well as US Treasury bond exchange-traded funds (ETF). According to the watchdog agency, a comprehensive decision will be communicated in Feb.. 26, 2020, CoinDesk reports. In a press statement issued on Friday, the regulator stated…

Canada Pushes for Crypto Regulation

The central bank in Canada has been working with partners around the world to explore the potential for blockchain in the future. Ernst & Young plans to test a public government expenditure blockchain in Toronto. Mainstream adoption and use of crypto has been growing in Canada steadily since 2013. At that point, Canada started pushing…

Binance.US Now Lets Users Buy Cryptocurrency With Debit Cards

Customers of the United States-based branch of major crypto exchange Binance, Binance.US, can now purchase cryptocurrencies using their debit cards. In a blog post on Nov. 1, Binance.US announced that the exchange will now offer its customers the possibility to purchase cryptocurrencies with a debit card, joining existing U.S. dollar on-ramp and off-ramps, including the…

Rep. Warren Davidson: You Have to Defend Money to Defend Freedom

In an interview with Cointelegraph on Friday, Oct. 18, United States Representative Warren Davidson gave his thoughts on the Securities Exchange Commission’s (SEC) flawed approach to regulating digital assets as well as Mark Zuckerberg’s upcoming Oct. 23 testimony before the House Financial Services Committee. Congressman Davidson (R-OH) is a figure familiar to many in the…

Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC

The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application…

tZERO to launch security token market

Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange Commission (SEC) to approve the launch of a market for publicly traded registered security tokens. In the rule change proposal released by the SEC on Oct.…

Chinese Mining Giant Canaan to Go Public in US in November

Chinese crypto mining giant Canaan Creative plans to list as a publicly traded company in the United States in November 2019, according to an unconfirmed report. Canaan to issue 1.26 billion shares Canaan Creative, which reportedly filed a $200 million initial public offering (IPO) request with the U.S. regulators in July, will issue 1.26 billion…