Wilshire Phoenix files for ‘less volatile’ bitcoin-related ETF

New York-based investment-management firm Wilshire Phoenix has submitted an S1 filing with the Securities and Exchange Commission for a bitcoin-related exchange-traded fund. The trust — United States Bitcoin and Treasury Investment Trust — would hold bitcoin, short-term U.S. Treasury bills

Bitcoin History Part 8: When 1,500 BTC Cost Less Than $1

Featured How much is one bitcoin worth? In fiat currency terms, that’s a constantly shifting answer, but ever since the beginning, the following has held true: one bitcoin is worth as much as the buyer is willing to pay. Today,

Law enforcement requests sent to this crypto exchange tripled in 2018

Law-enforcement scrutiny of digital currencies intensified sharply in 2018, according to data from one prominent cryptocurrency exchange, prompting complaints that subpoenas and other requests for information are becoming an unnecessary burden. Kraken, the San Francisco-based exchange, received 475 requests from

Texas Updates Regulatory Guidance Regarding Activities Involving Cryptocurrency

Regulation The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value”