Bitcoin exchange-traded funds are unlikely to be introduced to the stock market in the near future, as the SEC denies bitcoin ETF for the second time in a month.
The analysts underlined that there is no particular reason for the SEC disapproval, it is just a mixture of fear, uncertainty and doubt that can make the approval process difficult.
Online retailer started selling company shares via its trading platform, thus becoming the first publicly traded company to issue securities on the blockchain.
If Overstock.com fulfils the public offering it plans, its shareholders will get an opportunity to buy blockchain or traditional stock.
On Friday, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Carlos Garza for not giving testimony in the investigation of GAW Miners operations.
Bitcoin’s Bernie Madoff equivalent Trendon Shavers, the owner of Bitcoin Savings and Trust company, was arrested on wire fraud and securities fraud charges in Texas and the SEC are not likely to let him off with just a slap on the wrist.
Bitcoin’s biggest companies face possible legal and cashflow hurdles despite big VC injection as new innovations continue to disrupt BTC’s monopoly.