‘Arcane’ SEC Rules May Kill Chances of Bitcoin ETF in 2019: Crypto Mom

The chance of a Bitcoin exchange-traded fund (ETF) gaining approval this year is slipping away.  Securities and Exchange Commissioner Hester Peirce yet again downplayed the prospect of a Bitcoin ETF on Tuesday. Known as “Crypto Mom” for her unwavering support for bitcoin, she blamed “arcane rules” at the Securities and Exchange Commission (SEC) for the long delay. Speaking at an event at the Bipartisan Policy Center, she said: “e have applications. … those are subject to a very specific time frame where we have to act within a certain amount of time, and so that’s what it’s going to depend

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News – CCN

German court rules negative interest rates on fiat retirement plans legal

A retirement savings plan by a German bank promised positive returns, but allows them to add negative interest rates, which eats up the return. A court ruled that to be completely legal. News article in German: https://www.tagesschau.de/wirtschaft/riester-105.html

Fiat is a rat race you can never win. The only winners are the ones who control the fiat system.

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