#CryptoCorner: SEC Delays 3 BTC Proposals, Bitfury Launches AI Unit, Bitex Partners with Bantotal for Latin American Payments and Crypto Derivatives Exchange Blade Raises $4.3 Million

Point Roberts, WA and Delta, BC – August 13, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.

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#CryptoCorner: SEC Delays 3 BTC Proposals, Bitfury Launches AI Unit, Bitex Partners with Bantotal for Latin American Payments and Crypto Derivatives Exchange Blade Raises $4.3 Million

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Crypto Corner

The U.S. Securities and Exchanges Commission (SEC) has delayed making a decision on three different Bitcoin (BTC) exchange-traded funds yesterday. Specifically, the SEC has postponed proposed rule changes by NYSE Arca and CBOE BZX Exchange for the asset managers VanEck SolidX, Bitwise Asset Management and Wilshire Phoenix. Unless further delays are instigated, Wilshire Phoenix will be the first decided upon on September 29, with Bitwise and VanEck following on October 13 and 19, respectively. For either proposal, the Commission stated:

The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider this proposed rule change.

Reuters reports that blockchain firm Bitfury has launched an artificial intelligence (AI) division. In an interview with the publication, company co-founder and CEO Valery Vavilov explained that an increasing volume of data was the impetus for adding AI.

“Data is becoming the next oil. We have collected so much data, but only 2% of all this data has been analyzed; 98% is…

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