Pierce commented: It’s not only that there have been calls for clarity for some time and that a new administration brings the chance to take a fresh look, but it also is a moment where it seems others in the marketplace are also taking a fresh look. Electric car-maker Tesla announced its $1.5 billion investment…
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Securities and Exchange Commissioner (SEC) Commissioner Hester Peirce has issued a statement expressing her disagreement with the Commission’s rejection of Wilshire Phoenix’s Bitcoin Exchange Traded Fund application. Peirce criticizes the SEC for unfair and narrow-minded treatment of Bitcoin-related products. Her term ends in a little over three months, in the beginning of June, some suggest…
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Investing in cryptos is back in vogue, and, in order to market properly to the populace of hopeful new investors, a rash of surveys have been released that speak to the desires of Millennials, that age group that lurks between 18 and 34 years of age, and seniors, which today are rapidly becoming housemates for…
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Over the past two years, the SEC has been presented with over a dozen applications for a Bitcoin Exchange-traded Fund (ETF), but it has chosen in each instance to dismiss the bid, since they felt “uncomfortable”. Many of the issues cited are being dealt with today by industry participants and interested institutional players. Two new…
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