Bitcoin rose 0.31% to $ 3,885.5 at 12.31 WIB. Ethereum added 0.64% to $ 133.26 and Litecoin rose 0.87% to $ 56.401, while XRP fell 0.81% to $ 0.31165.
Jay Clayton - Chair of the US Securities and Exchange Commission (SEC) - was in the spotlight on Friday when he spoke about the Bitcoin Exchange-Traded Fund (ETF) with Fox Business. When the SEC considered approving the Bitcoin ETF, Clayton said he was worried about investor protection.
"What I'm worried about right now is that if it can be shown fairly that the underlying trade is generally not manipulated, it happens in reliable places with good rules and that detention is something that can make us feel comfortable," he said.
But Clayton did not comment on certain Bitcoin ETF applications. The SEC will immediately review the application for the Bitcoin ETF proposed by VanEck and SolidX.
Elsewhere, a Hong Kong-based crypto exchange, Gatecoin received a court order to immediately terminate and stop the operation. Crypto exchanges fail to collect funds lost in disputes with former payment service providers (PSP) and will enter liquidation.
In a statement published on Thursday, Gatecoin recorded a problem with banking services in September 2018 because its bank account in Hong Kong was frozen.
"Even after we managed to reduce our losses by replacing the PSP with a more reliable alternative to processing our client transfers in September 2018, the situation did not improve because PSP retained most of our funds," said the crypto exchange.
Gatecoin assures its creditors that assets will be redistributed. In May 2016, the crypto exchange experienced a major hack with a loss of around $ 2 million from various lost cryptocurrency, around 15% of crypto's total assets.
Jay Clayton - Chair of the US Securities and Exchange Commission (SEC) - was in the spotlight on Friday when he spoke about the Bitcoin Exchange-Traded Fund (ETF) with Fox Business. When the SEC considered approving the Bitcoin ETF, Clayton said he was worried about investor protection.
"What I'm worried about right now is that if it can be shown fairly that the underlying trade is generally not manipulated, it happens in reliable places with good rules and that detention is something that can make us feel comfortable," he said.
But Clayton did not comment on certain Bitcoin ETF applications. The SEC will immediately review the application for the Bitcoin ETF proposed by VanEck and SolidX.
Elsewhere, a Hong Kong-based crypto exchange, Gatecoin received a court order to immediately terminate and stop the operation. Crypto exchanges fail to collect funds lost in disputes with former payment service providers (PSP) and will enter liquidation.
In a statement published on Thursday, Gatecoin recorded a problem with banking services in September 2018 because its bank account in Hong Kong was frozen.
"Even after we managed to reduce our losses by replacing the PSP with a more reliable alternative to processing our client transfers in September 2018, the situation did not improve because PSP retained most of our funds," said the crypto exchange.
Gatecoin assures its creditors that assets will be redistributed. In May 2016, the crypto exchange experienced a major hack with a loss of around $ 2 million from various lost cryptocurrency, around 15% of crypto's total assets.
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