(Bloomberg) -- The Securities and Exchange Commission on Thursday paved the way for trading in exchange-traded funds that invest directly in the cryptocurrency Ether, putting the digital-asset industry on the cusp of a significant milestone.Most Read from BloombergHarvard Students Walk Out of Commencement Protesting SuspensionsNvidia Stock Surges as Sales Forecast Delivers on AI HopesStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart Gaza Talks After Hostage Video S
The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was "unpersuasive" and that the courts need to work those questions out when they arise.
Every year on May 22, the cryptocurrency community remembers and marvels at how one man paid for a pizza with bitcoin. While the story may sound benign and uninteresting at first glance, the details are completely shocking and have undoubtedly led to regrets for some involved. On May 22, 2010, Laszlo Hanyecz, a Florida resident, posted on the bitcoin Talk forum, "Pizza for bitcoins?" The post stated that Laszlo would be willing to pay "10,000 bitcoins for a couple of pizzas...like maybe two larg