The US Securities and Exchanges Commission (SEC) has initiated a suspension of its cryptocurrency-based Exchange-Traded Notes (ETN). But don’t worry, it’s only temporary. In an announcement made yesterday, the SEC declared a suspension of trading in the ETN securities known as Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF). It appears that this temporary ban has been instigated because there is still much confusion in the market over these trading instruments. “The Commission temporarily suspended trading in the securities CXBTF and CETHF because of confusion amongst market participants regarding these instruments. This order was entered pursuant to Section 12(k)…
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https://ift.tt/2MhVkS6 Matthew Beedham September 10, 2018 at 06:00AM
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