{"id":16691,"date":"2017-03-11T01:24:48","date_gmt":"2017-03-11T07:24:48","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=16691"},"modified":"2017-03-12T01:49:00","modified_gmt":"2017-03-12T07:49:00","slug":"the-sec-just-handed-bitcoin-a-huge-setback","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=16691","title":{"rendered":"The SEC just handed Bitcoin a huge setback"},"content":{"rendered":"<blockquote><p>The Securities and Exchange Commission has denied the application for the Winklevoss Bitcoin Trust ETF, in a stunning defeat for its founders, the Winklevoss Twins. <a href=\"https:\/\/www.sec.gov\/rules\/sro\/batsbzx\/2017\/34-80206.pdf\">In an order today<\/a>, the commission found that the proposed fund was too susceptible to fraud, due to the unregulated nature of Bitcoin. The result is a major setback for the fund, and a frustrating false start for the crypto-currency at large.<\/p><\/blockquote>\n<p>Source: <em><a href=\"http:\/\/www.theverge.com\/2017\/3\/10\/14883350\/sec-bitcoin-etf-order-winklevoss-denied\">The SEC just handed Bitcoin a huge setback &#8211; The Verge<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission has denied the application for the Winklevoss Bitcoin Trust ETF, in a stunning defeat for its founders, the Winklevoss Twins. In an order today, the commission found that the proposed fund was too susceptible to &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=16691\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1121],"tags":[742,1275,187,741],"class_list":["post-16691","post","type-post","status-publish","format-standard","hentry","category-current-events","tag-bitcoin","tag-currency-exchange","tag-facebook","tag-finance"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/16691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16691"}],"version-history":[{"count":1,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/16691\/revisions"}],"predecessor-version":[{"id":16692,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/16691\/revisions\/16692"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16691"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}