28 Mar '17, 5pm

SEC denies a second application to list bitcoin product

By Trevor Hunnicutt | NEW YORK NEW YORK The U.S. Securities and Exchange Commission on Tuesday denied for the second time this month a request to bring to market a first-of-its-kind product tracking bitcoin, the digital currency. The SEC announced in a filing its decision denying Intercontinental Exchange Inc's NYSE Arca exchange the ability to list and trade the SolidX Bitcoin Trust, an exchange-traded product (ETP) that would trade like a stock and track the digital asset's price. Previously, the regulatory agency said it had concerns with a similar proposal by investors Cameron Winklevoss and Tyler Winklevoss. "The Commission believes that the significant markets for bitcoin are unregulated," the SEC said in its filing, echoing language from its decision earlier this month on the application by CBOE Holdings Inc's Bats exchange to list The Bitcoin ETF proposed by the Wi...

Full article: http://www.reuters.com/article/us-bitcoin-etp-idUSKBN16Z2HH

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SEC denies second application to list a Bitcoin...

reuters.com 28 Mar '17, 5pm

By Trevor Hunnicutt | NEW YORK NEW YORK The U.S. Securities and Exchange Commission on Tuesday denied for the second time ...

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By Trevor Hunnicutt | NEW YORK NEW YORK The U.S. Securities and Exchange Commission on Tuesday denied for the second time ...

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