As knowing, US Securities and Exchange Commission is a regulatory Government Firm, that sustain and maintain the companies who are in the Securities Field to stick with the rules!
Following up the commitment to be become, a regulated Firm the Grayscale Bitcoin Trust (GBTC) is now officially an SEC Company.
The company Filled a registration settlement in the last months of 2019, and went thru, making the first investment Fund dealing with Cryptocurrency with the "go ahead" from the Yank Securities and Exchange Commission, can check more in the press statement.
Now the Investment Fund have more credibility in the US and, can look for potential Investors boosting their presence in the robust American well known worldwide market, and just to note, the Firm filled the registration voluntarily.
Many companies are catched with "the pants down" by the American Regulator Firm with, unregistered sales or business that wasn't authorized to be conducted because they fail to fullfil the requirements from the SEC.
Being regulated is the proper way to not getting caught, with irregularities that can cost a lot of money in fines or have the business shot down!
