CryptoNewsBreaks – SEC Stops Trading in Two Cryptocurrency Products

September 10, 2018 14:20:40

As detailed in an article on titled, “SEC halts trading in two cryptocurrency products, citing market ‘confusion’” authored by Trevor Hunnicutt, the U.S. Securities and Exchange Commission suspended trading in Bitcoin Tracker One and Ether Tracker One in the United States on Sunday. The SEC cited “a lack of current, consistent and accurate information” as the reason to halt the trading in the two investment products that track cryptocurrencies until at least September 20, 2018. The SEC also noted confusion in the markets regarding whether or not the products were exchange-traded funds as an additional reason to halt trading.

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