RE: The SEC rejects another petition for a Bitcoin ETF

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The SEC rejects another petition for a Bitcoin ETF

in bitcoin •  7 years ago 

Is that right??

The State Securities Commission (SSC) has warned industries to avoid transactions, issuance, and brokerage of cryptocurrencies. The SSC said that trading in cryptocurrencies is similar to money-laundering since they are not legal tenders. Furthermore, Vietnam's central bank, the State Bank of Vietnam had given a nod for banning the import of cryptocurrency mining devices last week. Even though the decision is temporary, it affected the crypto market in a negative way.

@harshsahu

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