The People’s Bank of China (PBoC), China’s central bank, has told the country’s major financial institutions to stop facilitating cryptocurrency transactions in a move that increased negative sentiment in the markets.
The Ontario Securities Commission (SEC) has charged cryptocurrency exchange Bybit with “operating an unregistered crypto asset trading platform, encouraging Ontarians to use the platform, and allowing Ontario residents to trade crypto asset products that are securities and derivatives.”
Investment firm VanEck has filed a new draft prospectus for a bitcoin futures mutual fund with the U.S. Securities and Exchange Commission (SEC). The fund will invest in bitcoin futures through a subsidiary in the Cayman Islands.
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Top stories in the Crypto Roundup today:
- China Orders Banks to Stop Facilitating Crypto Transactions
- Canadian Regulator Targets Crypto Exchange Bybit
- VanEck Files Draft Prospectus For Bitcoin Futures Mutual Fund
- Terra Ecosystem: How Does Terra Work?
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