Royal Kingdom Coin Launches Central Site

Royal Kingdom Enterprise announced that it will be implementing innovations as a part of its growth strategy, including the launch of a central website to present all company's services
10 February 2018   975

Royal Kingdom Enterprise is a Middle Eastern startup company registered in Dubai with the decentralized team from all over the world. It has made an official statement announcing that it launches a central site combining all the information spread across various company websites and the new channels of support and exclusive service on February 10 of 2018.

Royal Kingdom Coin is a token created by Royal Kingdom Enterprise. Based on Ethereum ERC20 standard and a smart contract code, it's secured by Ethereum blockchain, doesn't need mining, and has a fixed total supply of 15M RKC.

As announced on our Roadmap by email, Venture Kingdom Exchange will be in scheduled maintenance to improve the system. We will be implementing innovations that are part of our growth strategy.

Royal Kingdom Enterprise Statement

Moreover, the company reported that it will launch a mobile wallet beta, supporting RKC, ETH and customized ERC20 tokens on February 25. Desktop wallet beta launch, supporting RKC, ETH and customized ERC20 tokens is scheduled to be released on March 10 of 2018.

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.