Topic: Donald Trump's Gives Gives Hope For ETF Future - page 2. (Read 236 times)

The fact that Iceland has decided to raise its economy is a great opportunity to become one of the first countries that create their national cryptocurrency. This is a big breakthrough with the bitcoin ecosystem. But in any case, as other people have said, bitcoin will always be the first coin in the world.

Frankly speaking, I think the SEC will delay the decision as much as possible. Keep the crypto universe uncertain and keep the pump and dump on for more time.

It's obviously that SEC will delay the approval of ETF since there's no time frame and they'll use this to heightened the fears and uncertainty in the community thus manipulating the price.

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I'll just grab my popcorn in the meantime and watch all these dramas to be over. Just too tired by this undying issue.

For those who want the SEC news:

[quote author=https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-
With Roisman’s confirmation, three out of the five SEC commissioners now have favorable views on cryptocurrencies. However, there’s no timeframe for the approval of any future Bitcoin ETF. Nine proposals from three different issuers were rejected as recently as late August, partly due to fears of market manipulation and the lack of future trading volume.

Donald Trump’s Latest SEC Pick Gives Hope to Future ETF
Elad Roisman, the newly-appointed pro-crypto member of the Securities and Exchange Commission (SEC) by Donald Trump is already in hot water regarding bitcoin ETF approvals. Roisman becomes the 4th Trump appointee to the SEC, following Michael Piwowar, who stepped down in July. Also in July, Roisman told the Senate Banking Committee that ‘’… the SEC must examine and re-examine its rules, regulations and guidelines to ensure that they are still working as intended to accomplish the SEC’s mission. This is most recently manifested in areas such as data protection and cybersecurity, as well as the emergence of new investments and technologies such as initial coin offerings and blockchain.’’

He went onto say it was “essential the SEC approach these new challenges in a fair and transparent manner, provide clarity and certainty to the markets and investors, and enforce the laws and regulations that hold market participants accountable.”

With Roisman’s confirmation, three out of the five SEC commissioners now have favorable views on cryptocurrencies. However, there’s no timeframe for the approval of any future Bitcoin ETF. Nine proposals from three different issuers were rejected as recently as late August, partly due to fears of market manipulation and the lack of future trading volume.

"Iceland has launched a new crypto trading platform known as Skiptimynt which offers a Bitcoin trading pairs for the first time since the launch of another exchange known as ISX in 2016. The Skiptimynt exchange will feature two trading pairs; the Icelandic Krona(ISK)/Bitcoin(BTC) and the Icelandic  Krona(ISK)/Aurora coin(AUR). Aurora coin is the country’s alternative to Bitcoin, created in 2014. At the time AUR was launched, it got the cryptocurrency community, the media and even politicians interested in the potential of a Bitcoin alternative. Due to very little adoption of AUR in Iceland, the coin has since been neglected. "

As we see, many countries want to have their own cryptocurrencies. But the universal and generally accepted must be bitcoin