Bitcoin Watch – SEC postpones decision on Cboe Bitcoin EFT

The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision regarding the Cboe Bitcoin exchange-traded fund (ETF). In an order on the SEC website, the commission said: “Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved.” Despite this, the SEC has initiated proceedings to determine whether to approve or deny the ETF.

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