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US SEC Suspends Trading in Two Cryptocurrency Products

bittpressSeptember 11, 2018September 12, 2018Bitcoin, Business, CryptocurrencyBitcoin, Bitcoin Tracker One, ether tracker one, ETN, exchange traded notes, US SECLeave a comment

The US SEC has issued a ban on the trading of Ether Tracker One and Bitcoin Tracker One. The agency cited “a lack of current, consistent and accurate information” as the reason behind the suspension. Consequently, this has the potential to create “confusion amongst market participants” the SEC said. Order of Suspension for XBT Provider’s … Continue reading “US SEC Suspends Trading in Two Cryptocurrency Products”

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US SEC Halts Trading in Two Cryptocurrency Products

Ian CooperSeptember 10, 2018September 11, 2018Business, Cryptocurrency, ETFBitcoin ETF, Bitcoin Tracker One, cryptocurrencies, Cryptocurrency, ETF, ether tracker one, exchange traded fund, Hester Peirce, Jay Clayton, NASDAQ, regulations, US SECLeave a comment

Apparently, the US SEC doesn’t take weekends off. The agency just suspended trading on two investment products that track cryptocurrencies. Apparently, there’s confusion over whether the products are exchange trading funds (ETFs). Bitcoin Tracker One and Ether Tracker One are halted until at least September 20, 2018 Both products have a promise to track the … Continue reading “US SEC Halts Trading in Two Cryptocurrency Products”

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