Tag: The SEC
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Nine Bitcoin (BTC) ETF Proposals To Be Reviewed by The SEC After November 5th
In August, crypto news portals started to report that the SEC was reviewing nine earlier rejected Bitcoin (BTC) ETF proposals. However, the rejections came as the outcomes of the staff delegated by the Commission with some tasks. Now, the Commission has the right to review such decisions, and that’s why the SEC will discuss, again, the…
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Robinhood Crypto Trading Platform Makes Millions From Selling Clients’ Data To Financial Companies
Robinhood crypto trading platform, a popular low-fees cryptocurrency investing app among millennials, makes millions of dollars in profits from selling clients’ data to financial companies. This information came up thanks to a Second Quarter filing from the SEC. More specifically, the SEC filing shows, Robinhood low-fees crypto investing app, the same company which promotes values…
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SEC Suspended Bitcoin (BTC) Trading Product Of XBT Provider, Along With An Ethereum (ETH) One
The US SEC suspended two of the XBT Provider’s trading products, one for Bitcoin (BTC) and the other for Ethereum (ETH). The Bitcoin Tracker One and Ether Tracker One, both of XBT Provider, got banned by the US Securities and Exchange Commission due to “a lack of current, consistent and accurate information” which causes “confusion amongst market…
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Cryptocurrencies Market Plummeted To The Lowest Valuation For 2018 After SEC Postponed Bitcoin ETF Decision
The sentiment surrounding the cryptocurrencies, especially the Bitcoin (BTC) transformed fast for a bullish one to a very bearish one. And the culprit for this is the SEC and its decision to postpone the final verdict on approval, or rejection, of the Cboe Global Markets’ Bitcoin ETF proposal. Since the announcement emerged, the cryptocurrencies market…