• "And they're coming to take me away ha-haaa. They're coming to take me away ho-ho hee-hee ha-haaa." (via Pixabay)
    Innovators

    Ex-Overstock CEO Patrick Byrne sells stock, doubles down on crypto

    In a farewell letter to his former co-workers, Byrne gives crypto wild man John McAfee a run for his money in the conspiracy theorist championship

    Overstock.com’s founder Patrick Byrne ended his connection with the online retailer he built into a giant in much the same way as he ended his tenure as its CEO a month ago: bizarrely.

  • SEC Chairman Jay Clayton discussing Bitcoin at CNBC's Delivering Alpha conference, September 19, 2019 (via YouTube.com / CNBC)
    Bitcoin,  United States

    SEC’s Jay Clayton casts more doubt on Bitcoin ETF

    Speaking at the Discovering Alpha conference in New York, the commission’s chairman said people who think an unmanipulated bitcoin price can be found are ‘sorely mistaken’

    Securities and Exchange Commission Chairman Jay Clayton again threw cold water on the idea of listing Bitcoin on an exchange traded fund (ETF) anytime soon.

  • "It's okay, little man. You'll see a Bitcoin ETF when you're a big boy... maybe." (via Pixabay).
    Cryptocurrencies

    Cboe pulls Bitcoin index fund application—again

    The BZX Exchange had asked the Securities and Exchange Commission to approve an ETF tracking the price of Bitcoin

    Securities and Exchange Commission Chairman Jay Clayton may feel that his agency is getting closer to approving an index fund tracking cryptocurrencies, but it’s apparently not close enough for the Chicago Board Options Exchange, which just withdrew its application to create a Bitcoin EFT.

  • Securities and Exchange Commission chairman Jay Clayton looking as if he just heard a joke about stablecoins (via SEC)
    Bitcoin,  United States

    SEC Chair Jay Clayton says Bitcoin ETFs are making progress

    The way Clayton described his agency’s concerns during a CNBC interview may be more telling than what he said

    Securities and Exchange Commission Chairman Jay Clayton said that agency is closer to approving a cryptocurrency ETF that would let retail investors invest in bitcoin through mainstream brokerage accounts.