SEC puts decision on hold for three bitcoin ETF proposals – August 13

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Current Bitcoin Price$10,846

Bitcoin has fallen over 4% in the last 24 hours. Top-20 altcoins have stayed relatively stable with the exception of Bitcoin Cash up 4% and Binance Coin up 1.7%.

Top Stories for August 13, 2019 🔥

👉 SEC puts decision on hold for three bitcoin ETF proposals

Documents published today show that the SEC has postponed its decision on three bitcoin ETF proposals. 

The affected ETFs are those from VanEck SolidX, Bitwise Asset Management, and Wilshire Phoenix.

All three decisions have been delayed until around October this year.

👉 It is now legal to pay salaries in crypto in New Zealand

New Zealand’s Inland Revenue Department has made the payment of salaries in cryptocurrency legal.

The crypto asset being used as payment must be able to be exchanged for fiat currency, and have the primary purpose of being used as a currency.

👉 Crypto exit scams have separated investors from $3.1 Billion this year

A report by CipherTrace has shown that $3.1 billion dollars worth of money has been stolen in crypto exit scams this year.

A further $874 million has been lost via misappropriated funds.

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