submitted by /u/schedulle-cate [link] [comments] |
source https://www.reddit.com/r/btc/comments/dhkt4s/we_know_facebook_is_evil_and_libra_would_be_a/
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The US Securities and Exchange Commission (SEC) again refused to create an application for a Bitcoin exchange-traded fund (ETF).
The SEC stated that the ETF proposal submitted by Bitwise Asset Management and NYSE Arca does not meet the legal requirements to prevent market manipulation or other illegal activities.
The Bitcoin ETF will allow investors to invest in such digital currencies without actually buying them or storing Bitcoin. However, to date, the SEC has rejected all Bitcoin ETF proposals on the grounds of market manipulation and fraudulent activity, reflecting the huge regulatory obstacles faced by cryptocurrency investments.
Looking for a crypto gateway for my Woocommerce website.
What is the best gateway?
Gold was handicapped because of its physical properties - Bitcoin came along and removed those restrictions - but BTC introduced an artificial handicap to again limit its use as payment system. Aren't we back to square one? I mean if it weren't for Bitcoin Cash.