Bitcoin Market: SEC approved the use of bitcoin core technology stocks

Bitcoin Market: SEC approved the use of bitcoin core technology stocks
Bitcoin prices on Thursday (December 17th) the Asian plate shock pressure, continuation of the overnight weakness.

BITSTAMP announced the price display, bitcoin / $(XBT/USD) fell sharply yesterday to around 445 after rebounded to above 460, but overnight under pressure again, the transactions continue to decline to around 450 Arias disc.

(bitcoin / $chart source: Peng Bo, FX168 financial network)

KRAKEN announced the price display, bitcoin / euro (XBT/EUR) fell sharply yesterday to around 400 after overnight but rebounded to above 420, lower again, the plate fell to near 410 continued trading arias.

(bitcoin / Euro time chart source: Peng Bo, FX168 financial network)

Bitcoin trading network announced pricing showed bitcoin / yuan yesterday fell sharply to 2870 near the back to 3045, and again moderate pressure, the transaction set off to the vicinity of 3010 arias.

(30 yuan / minute bitcoin source: bitcoin trading network)

The industry, foreign media Wired reported that the U.S. Securities and Exchange Commission (SEC) has approved the use of online retailer Overstock.com bitcoin core technology — block chain (blockchain) stock issuance plan.

Overstock had been using the block chain technology to private bond issue, because this behavior does not require regulatory approval. Now, SEC has been approved by the Overstock to use the same way to issue public securities.

According to the public documents provided by Overstock, the SEC has approved the FormS-3 application, allowing it to pass through a block chain technology ipo.

The block chain stocks can avoid middlemen. As for the traditional stock issuance, the middle people tend to control the market.

It is not clear when Overstock will block the chain technology to the public offering of shares, but the company said, “this will be one of the focus of our work in 2016.”

Beijing time 13:10 on December 17th, bitcoin / USD / Euro 452, bitcoin bitcoin / report 412.83, reported 3013 yuan.

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