U.S. SEC halts trading in two cryptocurrency products, citing market confusion

The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs). The SEC said in a statement that trading in Bitcoin Tracker One and Ether Tracker One would be halted in the United States until at least Sept. 20. The products promise to track the price of the cryptocurrencies, less fees. …read more

Source:: Yahoo Finance

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