According to CNBC, South Korea will ban raising money through all forms of cryptocurrencies.
According to TASS, Deputy Finance Minister Alexey Moiseev has said that Bitcoin payments will not be legalized in Russia. At the same time, Head of the State Duma for the Financial Market Committee Anatoly Aksakov said that discussions on possible regulations for cryptocurrencies will continue.
According to CNBC, ProShares has filed for a bitcoin ETF and an ETF that would be used to bet against the cryptocurrency. The ETFs would track futures contracts traded on the Chicago Board of Options Exchange.
According to Bloomberg, U.S. Securities and Exchange Commission Chairman Jay Clayton has said the ICO market is probably full of fraud. Clayton added that he’s concerned about what’s going to happen to retail investors.
According to Reuters, two proposals to list U.S. bitcoin funds have been withdrawn.
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