Here’s what happened this week in Bitcoin.
The US Securities and Exchange Commission finally approved a limited ETF. The Van Eck SolidX ETF will only allow institutional investors to get Bitcoin exposure via the traditional securities market, so a full ETF tradable by the general public is still pending. The Winkelvoss twins first proposed a Bitcoin ETF, or Exchange Traded Fund in mid-2013.
Burger King fast-food franchises in Germany will now accept Bitcoin for orders & deliveries. Customers will have to pay via the company’s new mobile app, now available for Android and iOS. It’s unclear whether Bitcoin will also be accepted in the 600 physical Burger King restaurants across Germany.
Apple is “watching cryptocurrency,” according to an executive at the tech giant. Apple Pay vice president Jennifer Bailey, talking to CNN at a private event in San Francisco, said that the company sees potential in cryptocurrencies. This is the first time Bailey has acknowledged Apple’s interest in cryptocurrency, though it’s unclear what the company’s intentions might be.
The Central Bank of The Netherlands decreed that all firms which provide crypto services, such as wallets or trading platforms, must register by the 10th of January 2020. Dutch firms which don’t register will be shut down.
And finally, it was reported that 4 out of the 5 websites returned by a Google search for Bitcoin QR code generators are coin-stealing scams. Always used a trusted wallet to generate crypto address QR codes!
That’s what happened this week in Bitcoin. See you next week.