The suspension commenced at 09:30 EDT on the day of the announcement. BTGN’s shares last traded at 9 cents, and they’ll remain so until 23:59 on May 10, 2019, when the suspension will be lifted.
Sensing a rise in crypto-related scams and fraudulent investment schemes, the SEC and the CFTC have issued a joint warning to investors, encouraging them to take a more thorough approach to verifying potential investments in the space.
The U.S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies more specific guidance as to whether a cryptocurrency is a security.
SEC Commissioner Hester Peirce sat down with Gary Gensler, ex-chairman of the Commodity Futures Trading Commission to discuss the progress of the SEC’s efforts to regulate the cryptocurrency industry.
According to a published notice, the U.S. Securities and Exchange Commission (SEC) has begun reviewing a proposed rule change for a bitcoin ETF filed by NYSE Arca and Bitwise.