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SEC rejects spot Bitcoin ETF applications from NYDIG and Global X

The United States Securities and Exchange Commission, or SEC, has disapproved spot Bitcoin exchange-traded fund applications from the New York Digital Investment Group and fund manager Global X after deferring on a decision several times in the last year.According to two separate Thursday filings, the SEC rejected proposed rule changes

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NYDIG offering allows participating companies to pay employees in Bitcoin

The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin.In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment and digital currencies would be among the first to offer the

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