The SEC to issue stricter regulations concerning digital currencies
According to SEC’s ex-chairman, Harvey Pitt, startups are taking advantage of investors’ lack of adequate digital coin related knowledge. Their investments are based on the fact that “prices seem to be going up”. Pitt further commented that the next year will bring more regulations from the SEC.
NYSE Arca hopes to list bitcoin futures ETFs
The New York Stock Exchange (NYSE) is preparing to move into the virtual token space. The exchange is seeking approval from the SEC to list bitcoin ETFs on its NYSE Arca market. A public document, dated December 19th, details that the exchange has appealed for a rule change in order to launch two bitcoin-tied funds.
