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…

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…