Bitcoin 

South Korea Convenes Pan-Governmental Meeting Amid Concern Over Crypto Market Spike

A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s cryptocurrency market amid the recent sharp uptick in crypto valuations. The news was reported by local broadcasting station KBS World Radio on May 28. Today’s meeting, led by the Minister of the Office for Government Policy Coordination, Noh Hyeong-ouk, was largely prompted by bitcoin (BTC)’s recent break above 10 million won (~$8,400), the report states. The coin last hit a similar valuation around a year ago, with local officials ostensibly interpreting the fresh surge…

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Bitcoin 

US SEC and FINRA to Discuss Digital Assets at Joint Broker-Dealer Meeting in June

Two United States regulators, namely the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), will discuss cryptocurrency at a broker-dealer meeting on June 27. The SEC announced the opening of registration for the event on April 16 on its website. Per the announcement, the 2019 National Compliance Outreach Program for Broker-Dealers will be sponsored by the SEC’s Office of Compliance Inspections and Examinations, the SEC’s Division of Trading and Markets and the FINRA. The event will take place at the Federal Reserve Bank of Chicago and…

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Bitcoin 

VanEck, SolidX Make Case for Bitcoin ETF at Latest Meeting With US SEC

The U.S. Securities and Exchange Commission (SEC) has published a memorandum Nov. 28 of the latest meeting regarding a Bitcoin (BTC) exchange-traded-fund (ETF) proposal. The application was originally brought to the commission by U.S. investment firm VanEck and blockchain software and financial services company SolidX. According to the memorandum, representatives from VanEck and SolidX, as well as from the Chicago Board Options Exchange (CBOE) met with members of the SEC’s Division of Corporation Finance, Division of Trading and Markets, Division of Economic and Risk Analysis and Office of General Counsel…

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