Daily Roundup – September 28, 2017

Daily Roundup – September 28, 2017

According to CNBC, South Korea will ban raising money through all forms of cryptocurrencies.

According to TASS, Deputy Finance Minister Alexey Moiseev has said that Bitcoin payments will not be legalized in Russia. At the same time, Head of the State Duma for the Financial Market Committee Anatoly Aksakov said that discussions on possible regulations for cryptocurrencies will continue.

According to CNBC, ProShares has filed for a bitcoin ETF and an ETF that would be used to bet against the cryptocurrency. The ETFs would track futures contracts traded on the Chicago Board of Options Exchange.

According to Bloomberg, U.S. Securities and Exchange Commission Chairman Jay Clayton has said the ICO market is probably full of fraud. Clayton added that he’s concerned about what’s going to happen to retail investors.

According to Reuters, two proposals to list U.S. bitcoin funds have been withdrawn.

Featured image via Pixabay.

About The Author

Kyle Torpey

Kyle Torpey is a freelance writer and researcher who has been following Bitcoin since 2011. His work has been featured in VICE Motherboard, Business Insider, NASDAQ, New York Post, The Next Web, American Banker, and other media outlets. You can follow Kyle on Twitter, send him an email, sign up for his daily Bitcoin newsletter, or visit his personal website.


Press Releases

Ledger Nano S - The secure hardware wallet