Due to investor concerns, the US Securities and Exchange Commission (SEC) has issued an order that temporarily suspended trading in two cryptocurrency-related financial instruments, Bitcoin Tracker One and Ether Tracker One. The regulator said on Sunday the freeze would be in force for US brokers and dealers from the early morning UTC on Monday until 04:00 UTC on September 21.
Bitcoin Tracker One and Ether Tracker One are listed on the NASDAQ Stockholm Exchange in Sweden as CXBTF and CETHF, respectively. Both instruments, owned by XBT provider AB, are available as foreign over-the-counter (OTC) products to United States investors because they get quotes in US dollar. The SEC decision does not affect investors outside of the US.
“The Commission temporarily suspended trading in the securities CXBTF and CETHF because of c...
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