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Cryptocurrencies Remain Strong as Industry Legal Hurdle Cleared

From tradestation.com

A legal milestone was reached this week in the cryptocurrency industry. Grayscale Investments, one of the world’s largest digital currency asset managers attained reporting company status for its Ethereum (ETH) trust from the Securities and Exchange Commission (SEC). The development is significant because it means that Grayscale will now operate the second investment vehicle to gain the status. Grayscale first made history when it attained the first publicly quoted Bitcoin (BTC) investment vehicle, Grayscale Bitcoin Trust (GBTC). Any positive regulation news is a welcome sign for investors in an industry where just a ... (full story)

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