Cryptocurrency Regulation Update (August 2018) – Hacker Noon


United States Bitcoin ETF Reapplication Rejected by the SEC (July 26th): A June proposal to list and trade the Winklevoss Bitcoin Trust as an ETF was reviewed and rejected by the SEC in a 3–1 decision (a similar proposal from the same group was rejected in 2017). In its decision, the SEC noted that it does not consider markets for Bitcoin to be sufficiently resistant to price manipulation. However, the SEC also made clear that this decision is not a reflection of its evaluation of the potential of Bitcoin or blockchain technology. Commissioner Hester M….

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