Bitcoin Will Not Be Listed On Major Exchanges Without Better Regulation

SEC Chairman Jay Clayton said that it will take a while before there is proper regulation for Bitcoin and other cryptocurrencies, and that has to happen before major exchanges can begin to list them. Generally, the fact that the United States Securities and Exchange Commission (SEC) is not very supportive of the cryptocurrency industry is no longer news. The SEC has many times before, spoken out against cryptocurrencies because of their volatility and unregulated nature. Even efforts to launch Bitcoin Exchange-Traded Funds (ETF), have been largely unsuccessful as a few…

SEC Chair Clayton: Bitcoin Needs ‘Better Regulation’ Before Major Exchange Listing

Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the U.S. Securities and Exchange Commission said on Thursday. Speaking at CNBC’s Delivering Alpha conference, SEC Chairman Jay Clayton said investors are “sorely mistaken” if they think bitcoin and other cryptocurrencies undergo the same price discovery practices as products on top exchanges like the Nasdaq or New York Stock Exchange. “We have to get to a place, in my view — just speaking for myself — we have to get to a…

SEC Chair Clayton: Bitcoin Needs ‘Better Regulation’ Before Major Exchange Listing

Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the U.S. Securities and Exchange Commission said on Thursday. Speaking at CNBC’s Delivering Alpha conference, SEC Chairman Jay Clayton said investors are “sorely mistaken” if they think bitcoin and other cryptocurrencies undergo the same price discovery practices as products on top exchanges like the Nasdaq or New York Stock Exchange. “We have to get to a place, in my view — just speaking for myself — we have to get to a…

BTC Won’t Be on Major Exchanges Without More Regulation

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that for Bitcoin (BTC) to be traded on a major exchange it needs stronger regulation. Consider the Nasdaq CNBC reported on Sept. 19 that Clayton made his remarks earlier today at the Delivering Alpha conference, where he also warned investors to be wary until Bitcoin is regulated and traded on a major exchange. Clayton said: “If [investors] think there’s the same rigor around that price discovery as there is on the Nasdaq or New York Stock Exchange… They are…

Major Asian Blockchain VC Firm Launches New Bitcoin Tracker Fund

Major Asia’s blockchain-focused venture capital firm CMCC Global has launched a new institutional tracker fund for Bitcoin (BTC). Custody by Hong Kong Stock Exchange-listed firm Called the Liberty Bitcoin Fund, the Bitcoin index fund deploys Anxone, a custodial solution developed by BC Group, tech and digital asset company listed on the Hong Kong Stock Exchange, according to a press release published on Sept. 17. As one of Asia’s first blockchain VC firms, Hong Kong-based CMCC Global has initiated the Liberty Bitcoin Fund in a move to provide institutional-level access to…

Major BTC ATM Network Garners $1.5 Million From Xpring and New VC Fund

Ripple’s Xpring and Blockchain Finance Fund have invested $1.5 million in Seattle-based crypto ATM startup Coinme. Coinme secures $1.5 million in funding On Sept. 12, Coinme, a global leader in cryptocurrency ATMs, announced that it had secured $1.5 million in funding from Ripple’s Xpring and the Blockchain Finance Fund to further develop its cryptocurrency ATM network in the U.S. and international markets. Coinme, in partnership with Coinstar, powers the world’s largest Bitcoin (BTC) ATM network, with over 2,600 kiosks across the United States. Neil Bergquist, co-founder and CEO of Coinme…

EOS Hard Fork in 10 Days, Major Updates for Tron, Neo: CT Analytics

Cointelegraph Analytics team released a summary of the most anticipated upcoming events for major coins including EOS, Tron (TRX) and Neo (NEO). EOS to have its first hard fork on Sept. 23 EOS, the 7th biggest cryptocurrency by market cap, is expected to have its first consensus upgrade on Sept. 23, as EOS block producers (BPs) agreed to activate EOSIO v1.8 on the EOS Mainnet on the date. According to major EOS BP EOS Nation, the upcoming event is the largest upgrade to the EOS network since it was launched,…

Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Hard Fork

Thursday, Sept. 12 — Cryptocurrency markets are reporting mixed signals today after Bitcoin (BTC) stuck above $10,000 as it was earlier today, according to data from Coin360. Market visualization. Source: Coin360 BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time. The leading coin has seen slight volatility during the day, having dropped to as low as $10,056, while the intraday high was $10,393. Bitcoin seven-day price chart. Source: Coin360 As Christopher Inks of TexasWest Capital said in an interview with Cointelegraph…

Major South Korean Mobile Carrier Launches Blockchain Project

Union Mobile, the fourth-largest mobile carrier in South Korea, announced the launch of its blockchain project called ELYNET. Using blockchain to make communication more efficient  On Sept. 11, Union Mobile announced that ELYNET aims to use blockchain technology to make telecommunications more efficient for those users who rely on a single carrier for telecom service. ELYNET will purportedly allow users to use data communication services without roaming fees and contracts. Union Mobile’s CEO Seyong Ro explained that the platform will launch with an accompanying token, stating: “This will help us to…

Major US Crypto Exchange Coinbase Appoints New Vice President Dan Yoo

Major United States-based crypto exchange and wallet provider Coinbase has appointed Dan Yoo as its new vice president, industry-focused media outlet Coindesk reported on Sept. 10. At Coinbase, Yoo will be replacing Emilie Choi, previously vice president of business, data and international promoted to its chief operating officer at the company. Yoo will work on Coinbase’s business operations, business and corporate development and the data team. “Not a crypto expert” Commenting on the appointment, Yoo ostensibly said: “Coinbase is a very data-driven company. As part of this role, I’ll be…