Re:The troubled history of the Bitcoin exchange MtGox
by dragontamer on Wednesday February 12, 2014 @02:56PM
(#7226857)
There are rumors of an SEC-approved BTC exchange coming up. Once that happens, it will become possible to trade BTCs with the same level of confidence as trading Stocks, Currencies, or Commodities.
So at very least, SEC approved BTC funds are beginning to be set up. Its only a matter of time before a startup goes for full SEC approval in the BTC Exchange world.
Integration into US Society and Regulations is a good thing, and will give much confidence to the rather scary world that BTC currently is.
Somewhat unrelated: the Winkelvoss Twins are making an ETF for Bitcoins, and its going through the SEC right now. http://blogs.wsj.com/moneybeat/2014/01/17/lawyer-for-winkelv...
So at very least, SEC approved BTC funds are beginning to be set up. Its only a matter of time before a startup goes for full SEC approval in the BTC Exchange world.
Integration into US Society and Regulations is a good thing, and will give much confidence to the rather scary world that BTC currently is.