CBOE to File New Bitcoin ETF License Application

The proposal only will trade with SolidX Bitcoin Shares, and each share will be worth 25 Bitcoin
09 July 2018   379

The CBOE Global Markets sent an application to the US Securities and Exchange Commission (SEC) for the opening of another bitcoin ETF, which intends to trade in SolidX shares. This is reported by BitcoinExchangeGuide.

The SEC requested comments on the application on June 26. It is assumed that the price of one share of SolidX will be 25 BTC. Nevertheless, even if the CBOE receives a positive response, the bitcoin-ETF will not be launched before the first quarter of 2019.

As reported, in the past, the SEC has repeatedly rejected applications for the launch of Bitcoin ETF, but this time the application was filed after several recent statements by the Commission that it does not plan to classify Bitcoin and Ethereum as securities.

In this regard, and in the light of more liberal legislation on crypto-currencies in countries like Malta, the Commission may reflect on making the US market more competitive.

In July 2016, SolidX Partners Inc filed its own application for the launch of ETF based on bitcoin. It was assumed that the fund will be traded on the New York Stock Exchange (NYSE), but in March 2017, the SEC finally rejected it.

Zb.com to Open Office at Malta

Country made another step froward to leadership in blockchain industry
16 August 2018   94

Fifth in terms of the daily trading volumee exchange ZB.com announced plans to open a representative office in Malta. This is reported by CCN.

Secretary of the Malta Parliament for Digital Innovation and Finance Silvio Schembri said that the opening of ZB.com will be another step in the country's leadership in the blockchain industry.

At first, the Maltese branch of ZB.com will offer customers only cryptocurrency exchange, and subsequently also plans to add support for the currency. ZB.com will be the third exchange in Malta, following the offices of Binance and Bitbay, which offers the exchange of digital currencies for fiat money.

Malta is perhaps the world’s most progressive and forward-thinking nation in DLT, crypto and fintech, and we are very excited to be part of the Blockchain Island. We are confident we will be able to announce our live operations soon.
 

Jimmy Zhao

Co-founder, ZB.com

Zhao said that he was invited to Malta by his business partners and met with government officials to discuss the possibility of opening a representative office.

According to CoinMarketCap, the volume of deals on ZB.com for the last 24 hours was areoud $ 267M. The most popular trading pairs on the platform are BTC / USDT, Dash / USDT, Qtum / USDT and ETH / USDT.