SEC Rejects Bitcoin ETF Proposals

The US Securities and Exchange Commission (SEC) recently rejected nine applications to register Bitcoin exchange-traded funds (ETFs). ETFs have become a popular method for investors to gain exposure to alternative assets such as gold, oil, and other commodities without having to actually purchase the commodities themselves. The general way in which ETFs operate is that […]

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Iran Going Forward With Plans to Issue National Cryptocurrency

Venezuela isn’t the only country that will be developing its own national cryptocurrency. Iran has once again proclaimed that it, too, intends to develop its own national cryptocurrency with the aim of evading US sanctions. How exactly the country intends to do that remains unclear. The timeline of the cryptocurrency’s development hasn’t been publicized either, […]

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CFTC Chairman Acknowledges Agency Is Behind the Curve on Cryptocurrencies

US Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo testified before the House Agriculture Committee last week. During the hearing he admitted that the agency has fallen behind on the issue of cryptocurrency regulation. In a field that develops as quickly as cryptocurrencies, by the time regulators are able to make a decision on something, […]

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Mastercard Awarded Patent for Technology Linking Fiat Currency With Cryptocurrency

Payments processor Mastercard was recently awarded a patent by the US Patent and Trademark Office for technology that would link together financial accounts holding fiat currency with those holding cryptocurrency. While linking together fiat and cryptocurrency accounts could have many benefits both for investors in and users of cryptocurrency, Mastercard’s specific filing points to some […]

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Mastercard Awarded Patent for Technology Linking Fiat Currency With Cryptocurrency

Payments processor Mastercard was recently awarded a patent by the US Patent and Trademark Office for technology that would link together financial accounts holding fiat currency with those holding cryptocurrency. While linking together fiat and cryptocurrency accounts could have many benefits both for investors in and users of cryptocurrency, Mastercard’s specific filing points to some […]

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