Don't get yourself caught on the Fool's Day pranks, guys. And, of course, keep up with the latest developments in the blockchain industry with VHCEx Newsflash.
SEC delays Bitcoin ETF again
In the recent notice, SEC announced the delay of Bitcoin ETF and believes that they need another 45 days to make the decision. On another note, the notice also says that the Commission may extend for the longer period if needed.
Japan approved the second crypto exchange
According to a press release, Japanese financial regulators have approved the second crypto exchange, DeCurret. The exchange is expected to open for trading on April, 16th, 2019. On a side note, DeCurret currently has various shareholders such as MUFG, The Dai-ichi Life Insurance Company, and Mitsui Sumitomo Insurance Company.
Innisfil Town in Canada is testing a pilot program which will allow the residents to pay taxes with crypto
On March 27th, the Innisfil Council has agreed to launch a pilot project to expand payment options include crypto. Additionally, the Staff of the Council are to report back no later than March 31st, 2020 with status updates including the data they collected so the council can determine whether crypto can be used for payments.
Bakkt added new members on Board
According to the latest update from the company, Tom Noonan, Jeff Sprecher, Akshay Naheta and Sean Collins have joined the board. Exciting time ahead!
The Securities and Futures Commission of Hong Kong published a statement related to STO
On March, 28th, 2019. Hong Kong's Securities and Futures Commission (SFC) announced a statement on regulating security tokens. According to the statement, security tokens are likely to be securities. Therefore, any person engages in regulated activities without a license will be considered as a criminal activity. So, any third parties which involved in trading security tokens will have to register with SFC.
Japan’s largest railway company considers accepting crypto for payments
According to ANN News, JR East, the largest railway in Japan is collaborating with a tech company IIJ and crypto exchange DeCurret to launch Suica smartcard which will enable customers to pay railway ticks in crypto.
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your VHCEx team