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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 […]

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Trump Praises North Korea's Kim for Toned-Down Military Parade

Sep.09 — Kim Jong Un presided over a tempered military parade, in a sign that he wants to revive stalled nuclear talks. U.S. President Donald Trump praised Kim for the parade’s reported lack of nuclear weapons, calling it a “big and very positive statement.” Bloomberg’s Peter Pae reports. …read more […]