er
7 years ago in #bitcoin by bitcoinflood (79)
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The SEC is not considering the potential of custodial services about to launch for institutions which will help alleviate those concerns about security and fraud. The miseducation and lack of knowledge continues at the SEC.
Hey, good article. I know they were denied a year ago and this was the appeal denial. I personally wrote SEC a letter asking them to consider approving CBOE's application which could still happen. I think BTC will weather this bit of FUD nicely as the SEC is not going to stop institutional money from flowing all together and eventually they'll come to the dance and then we'll be dancing! BTW, just loaded HoneyMiner a few days ago and thumbs up. Best laptop miner I've used! Cool to see you are making $ with it also!
This really isn't news...they never truly addressed the issues from before...nothing has changed in SEC eyes...the CBOE application does a better job addressing these issues...patience...do the whales really need a reason to sell? And unaware holders don't know one ETF application from another...