Tag Archives: SEC

Morgan Creek and Exos deposit the Bitcoin fund with the SEC

Morgan Creek Capital Management and Exos Financial unveiled a new Bitcoin (BTC) fund at the United States Securities and Exchange Commission on Thursday. If approved, the fund will offer institutional investors another way to extend the flagship cryptocurrency without the volatility of owning it outright. Kevin Rooke reported On Friday …

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SEC President: Payment Defects Are Increasing Bitcoin

Clayton, speaking on CNBC, said bitcoin’s popularity stems from that disappointment in traditional payments. “What we are seeing is that our current domestic and international payment mechanisms have inefficiencies. Those inefficiencies are the things that are driving the rise of bitcoin,” he said, according to the report. He scolded a …

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SEC grants IMVU authorization to sell digital tokens

The Securities and Exchange Commission (SEC) of the United States has granted to another cryptocurrency companies permission to sell his native cryptocurrency. On Thursday, the SEC issued a “letter of no action” (dated November 17) to IMVU, a digital avatar company, allowing the company to sell its VCOIN digital tokens …

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