RATE Group | Cryptocurrency Price Analysis for the week December 03 to December 09
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Cryptocurrency Price Analysis for the week December 03 to December 09

Cryptocurrency Price Analysis for the week December 03 to December 09

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Key Highlights:

  • SEC defers Bitcoin ETF again as it pushes the decision to February 2019
  • Japanese Police See Surge in Suspicious Cryptocurrency Trade Reporting
  • Bipartisan lawmakers in the USA seek cryptocurrency rules to protect consumers
  • G20 Countries Agree To Regulate Crypto Assets
  • ASIC Miners Dumped In China After Bitcoin’s Price Crash

The U.S. Securities and Exchange Commission once again delayed a ruling on approving the first bitcoin ETF for listing on a major U.S. exchange. The SEC has repeatedly rejected cryptocurrency ETFs citing concerns over market liquidity and investor safety, and it now has until Feb. 27 to rule on VanEck’s latest bitcoin ETF proposal. The proposal was first submitted by money manager VanEck and blockchain startup SolidX, who partnered with the Cboe exchange earlier this year. Under SEC rules, a decision on the proposal cannot be delayed any further, meaning the next notice must either approve or reject the ETF.

The National Police Agency of…

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