"stability of bitcoin"

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DATE: Jan. 9, 2017, 10:38 p.m.

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A decision on exchange-traded bitcoin Fund the brothers Winklevoss has been delayed again. The Commission on securities and exchange Commission (SEC) has once again postponed the decision on ETFs brothers Winklevoss. Previously, it was expected that a positive decision will be taken until 10 January, but now the date is postponed to March 11, reports MarketWatch with reference to the article published document.

The main purpose of the Foundation remain a long-term investment in bitcoin, and as expected Winklevoss, thus they will contribute to the legitimization of cryptocurrencies in General.

This is not the first delay in deciding against the Winklevoss Bitcoin Trust. The last one occurred in October 2016, when the SEC wanted to take extra time to study the situation.

In particular, the regulator has requested to obtain additional information about the "stability of bitcoin" and how to assess the cost of investment and expressed a desire to ensure no conflict of interests regarding the exchange's Gemini, owned by brothers Winklevoss.