Bitcoin Private to roll out beta version of the merchant platform

Bitcoin Private announced its merchant payment platform beta version on April 13 that will signify the finish of just Phase 1 of the roadmap
05 April 2018   427

The contribution team of Bitcoin Private has developed a 4-phase roadmap for the merchant payment platform roll-out. The release date of the Phase 1 is set on April 13. Phase 1 will be characterized with the following specifics: Trezor pull request is pending; signing and broadcasting transactions of a custom build of Electrum-BTCP is a success; pull request for supporting Nano S app is submitted; Electrum 1.2 protocol have started testing; a community-built iOS wallet app on Electrum protocol is ready and will be integrated into the merchant payment solution; the integrations will adhere to BIP-0070 in order ensure security of the BTCP protocol.

As of the accomplishments, hardware wallet support code is completed; significant progress is made in both Electrum frontend and backend, iOS Electrum and the development of a Copay wallets suite that also includes Chrome extension is underway.

At the moment of publication, Bitcoin Private market characteristics are as follows

Average price: $19.75

Volume (24H): $253,860

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   134

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.