Road To Bitcoin ETFs Proves Full Of SEC Obstacles

Bitcoin’s 1,500 percent surge last 12 months has stoked investor demand for any product with publicity to the red-hot asset. A host of businesses are jostling to launch exchange-traded dollars which would open up the crypto-currency to a broad retail market. But regulators are asking difficult questions, and 5 fund managers this week shelved plans to launch ETFs based on bitcoin futures, citing worries from the U.S. Securities and Exchanges Commission. According to Marc Butler, a director Read more [...]

Central Bank Of Nigeria (CBN) Warns Towards Investing In Digital Currencies

This to announce to the usual public that the Central Bank of Nigeria (CBN) has warned Nigerians and monetary establishments to stay away from bitcoin and different digital currencies.
The financial institution known as on monetary establishments no longer to transact groups in the currencies and all people who does such, is at its own risk.

The apex bank said the digital currencies are no longer criminal lenders in Nigeria and are unacceptable.