SEC suspends trading of cryptocurrencies bitcoin, ethereum due to confusion

Trading of two cryptocurrencies have been temporarily suspended because they are not identified correctly and could mislead consumers, federal regulators said.

The U.S. Securities and Exchange Commission suspended the trading of Bitcoin Tracker One and Ether Tracker One until Sept. 20 to give exchange XBT Provider time to clear up confusion about the nature of both cryptocurrencies.

via SEC suspends trading of cryptocurrencies bitcoin, ethereum due to confusion.