Brother consortium launches a charity website

Brother Consortium is releasing its charity platform on April 8 with the implementation of its token BRAT
04 April 2018   351

Brother Consortium aimed to create an international ecosystem for implementing humanitarian initiatives in the field of charity has announced the launch date of the platform website on April 8. The website will offer a convenient tool for charitable foundations, implementation of advertising campaigns to provide assistance to the needy and providing benefit to the society. The site will act as a catalog of charitable foundations with an international scope of application. Fund with the ability of utilizing Bitcoin and tokens will be added to the platform.

Platform's native token BRAT will function as a social humanitarian application of the initiatives, bearing the mission of charity, aiding those in need, uniting experts and forming an effective environment for individual development and growth. In December 2017 - January 2018 the launch of the resource was negotiated and prepared. System for adding other funds was successfully tested and debugged. The next steps after the launch of the platform there are going to be promotion campaigns, advertising and realization of humanitarian ideas and the values of mercy.

At the moment of publication, Brother market indicators go as follows

Average price: $0.000795

Market cap: $127,229

Volume (24H): $6

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.