SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

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July 27, 2018 by
SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

UNITED STATE Stocks and also Exchange Compensation (SEC) introduced that it has actually rejected the proposal of Bitcoin ETF that was submitted by the Winklevoss Doubles, article statement. The rate of Bitcoin dipped listed below the $8,000 mark, CCN reported.

The application was reportedly assessed by the SEC for the 2nd time after Gemini co-founders Cameron and also Tyler Winklevoss appealed. In fact, for the second testimonial, SEC started a round of public comment. Previously, on March 10, 2017 the preliminary application was rejected.

The information is to be updated soon.

Priya

A Business Correspondent at 1Bigbitcointeam, Priya Raja has more than three years of professional experience in journalism. She has worked as an Assistant Editor and Content Writer prior to this, and has done Technical Writing and Business Writing. Outside the professional realm, she loves blogging, painting, crafts, and dancing. Basically, anything CREATIVE!

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