Cryptopia is delisting CryptoForecast

Cryptopia announced its delisting of CryptoForecast on April 28 due to coin platform change
12 April 2018   609

On March 28 Cryptopia has issued a notification of CryptoForecast delisting. CryptoForecast is transitioning from its native omni layer towards ERC-20 token. The reason for that is that OMNI wallet had little market penetration and moreover omni layer is built upon bitcoin and works with it only. Also, with omni layer those exchanges that want to list CFT need an OMNI wallet with additional maintenance effort. And with an ETH wallet exchanges will welcome the listing.

Any users holding CFT coins need to see the email sent from Cryptopia for further information. It is recommended to withdraw the funds from the exchange by April 16 and research the procedure around the swap to ensure the safety and the success of the conversion. The exchange itself is not participating in the swap and whether the new ERC-20 token will be listed is not clear.

Do bear in mind that the network will be dropped prior to the delisting date (April 16th) and Cryptopia may not be able to send funds if the network starts to slow down or drop completely.

 

Excerpt from the Cryptopia notice

CFT developers will accept any questions or concerns regarding the swap. At the moment of publication, CryptoForecast market parameters are as follows

Average price: $0.006176

Market cap: $284,091

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   145

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.