The US Department of Justice (DOJ) has reportedly opened a probe into whether Tether, the eponymous issuer of the USD-pegged cryptocurrency stablecoin tether (USDT), has engaged in illegal market manipulation to prop up the bitcoin price. Justice Department Investigates Tether for Crypto Manipulation Citing three people familiar with the matter, Bloomberg reports that federal prosecutorsCCN
11/20/2018 / 14:14:15
The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to...NewsBTC.
11/16/2018 / 22:00:09
CoinSpeakerThe Current State of CryptocurrenciesSamuel Leach, crypto millionaire, founder and CEO of Yield Coin project, shares his vision of currenct cryptocurrency landscape explaining the key issues industry faces.The Current State of Cryptocurrencies
11/16/2018 / 09:48:52
Altcoins | Bitcoin (BTC) | Cryptocurrencies | Guest Posts | News | Regulation | bill gates | bitcoin | btc | cftc | cryptocurrency | cryptocurrency regulation | FinCEN | irs | sec | warren buffet | yield coin | | BTC|Regulation|Altcoin
As FinTech continues to reimagine new business models for finance, a high-profile financial regulator believes it can also be used to enforce derivative laws more effectively. J. Christopher Giancarlo, the chairman of the US Commodity Futures Trading Commission (CFTC), highlighted distributed ledger technology (DLT) and how it can automate regulations for derivative markets while speaking at the D.C.The post Distributed Ledger Tech (DLT) can Automate Regulation: CFTC Chairman appeared first on CCN
11/11/2018 / 07:30:34
In recent regulatory news, the chairman of the United States Commodity Futures Trading Commission has predicted that distributed ledger technology will soon be adopted by the CFTC to monitor the financial markets, and a supervisor of the REACT Task Force has emphasized the priority placed on policing SIM swapping in Northern California. In addition, Germany’s […]Bitcoin News.
11/11/2018 / 03:45:05
Regulation | Bafin | CFTC | commission | commodity | crypto-capitals | distributed | DLT | Embrace | finatex | Futures | german | Germany | Ledger | N-Economy | react | Regulations | roundup | SIM | Swapping | Tarazi | Task Force | technology | trading | | Trading|Technology|Wallet|BTC|Market
The chair of the U.S. Commodity Futures Trading Commission (CFTC) has said that he wants to adopt blockchain to ''keep pace with those who attempt to defraud, distort, or manipulate” financial markets. CFTC Chairman Giancarlo Envisions Compliance Built into Business Operations Through Smart Contracts J. Christopher Giancarlo spoke about the use of blockchain and machine...NewsBTC.
11/09/2018 / 00:00:51
Blockchain | Automation | blockchain | cftc | cftc giancarlo | Distributed Ledger Technology | DLT | financial watchdog | giancarlo | Machine Learning | regulator | smart contracts | united states | | Blockchain|Market|Trading|Business
The U.S. Securities and Exchange Commission (SEC) has officially charged Zachary Coburn, the founder of cryptocurrency exchange EtherDelta, for operating an unregistered securities exchange. The regulatory agency’s move to charge Coburn comes amidst a greater trend of increasing regulation over the cryptocurrency industry. In a press release today, the SEC announced that the charges against Coburn are...NewsBTC.
11/08/2018 / 17:00:46
CFTC chair Christopher Giancarlo explained how DLT can be used to help the agency more efficiently regulate markets during a speech Wednesday.
11/07/2018 / 19:01:31
IDEX, formerly known as a ''decentralized” Ethereum exchange (DEX), has announced that its service will soon feature expanded regional restrictions and KYC policies comparable to those enforced on most centralized cryptocurrency trading platforms. Ethereum Exchange IDEX Moves to Comply with Crypto Regulations The operator of IDEX, the Panama-registered Aurora Labs S.A., announced the new changesThe post Decentralized[?] Ethereum Exchange IDEX to Add More IP Blocks, Force KYC appeared first on CCN
11/02/2018 / 13:15:33
The seminal hip-hop group plan to honor the legacy of deceased group member Ol’ Dirty Bastard by releasing a cryptocurrency bearing his name. The Return of the WU 25 years ago as Wu-Tang Clan dominated the U.S. hip-hop scene, they proudly proclaimed that “The Wu-Tang Clan ain’t nothing to f*ck with” and in 2018 it’s clear that the world renown crew feels the same way. In spite of a brutal bear market and a markedRead MoreBitcoinist.com.
10/24/2018 / 07:00:28
News | News teaser | AltMarket Exchange | Barson Jones | Bryce Weiner | CFTC | Cryptocurrency | Dirty Coin | ICO | Initial Artist Offering | Ol' Dirty Bastard | SEC | TAO blockchain | Wu Tang Clan | Young Dirty | | Market|ICO|Regulation|Trading
The CEO of investment application Circle has urged national regulators to develop coordinated legislation for the field of cryptocurrencies. The move follows the FATF decision to issue new rules regarding the regulations of digital currencies. Circle’s Being Active The CEO of Circle, Jeremy Allaire, has called for national regulators to coordinate their efforts towards regulating the cryptocurrency field. Speaking to Reuters, he said: Ultimately there needs to be normalization at the G20 level of criticalRead MoreBitcoinist.com.
10/24/2018 / 02:00:59
News | News teaser | CFTC | Circle | Commodity Futures Trading Commission | Cryptocurrency | FATF | J. Christopher Giancarlo | Marshall Billingslea | regulations | the Financial Action Task Force | | Regulation
Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will start trading on Dec. 12. Each trade ''will result in physically delivered bitcoin” and will trade in U.S. dollar terms, the firm explained, adding that one contract will be listed for trading each exchange business day. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]Bitcoin News.
10/23/2018 / 20:15:33
Finance | Bakkt | Bitcoin | BTC | cash-settled | cboe | CFTC | CME Group | commodity | crypto | Cryptocurrency | derivatives | Digital Currency | futures contract | ICE | N-Economy | NYSE | physically settled | SEC | trading | Virtual Currency | | BTC|Trading|Exchange|Asia|Regulation
The Intercontinental Exchange (ICE), will list and enable trading of the new Bakkt Bitcoin (USD) Daily Futures Contract on December 12, 2018. What is even exciting about this new announcement is that the Bakkt Bitcoin (USD) Daily Futures Contract will be physically settled for Bitcoin through the ICE’s Digital Asset Warehouse at Bakkt LLC and...The post Is a Year End Bitcoin Bullrun Coming? December Arrival for Bakkt BTC Futures appeared first on NewsBTC.
10/23/2018 / 11:15:16
The Financial Action Task Force (FATF) has recently reported that it will be launching its guideline for crypto industry regulations within the first half of 2019. Cryptocurrency adoption definitely seems to be on the rise. More and more retailers are starting to accept virtual currencies leaving regulators scrambling to develop and implement suitable regulations. When it...Live Bitcoin News.
10/21/2018 / 21:30:03
A U.S. Federal Court recently indicted Gelfman Blueprint Inc. (GBI) and its CEO Nicholas Gelfman to the tune of $2.5 million for running a Bitcoin Ponzi scheme. The matter is the first ever anti-fraud proceedings concerning Bitcoin taken up by the Commodity Futures Trading Commission (CFTC). Court Levies $2.5 Million Against GBI and Gelfman According to a CFTC press release published on Thursday (October 18, 2018), the defendants – GBI and Gelfman, will pay aboutRead MoreThe post Bitcoin Con Artist Docked for $2.5 Million By U.S. Federal Court appeared first on Bitcoinist.com.
10/20/2018 / 23:00:36
A complaint filed by the U.S. Commodity Futures Trading Commission (CFTC) against a crypto platform and its CEO has resulted in the Federal Court ordering the business to pay over $2.5 million in restitution. The world is an expensive place, which is why some of us look at different ways to grow our wealth whether...Live Bitcoin News.
10/19/2018 / 23:30:49
New York investment firm Gelfman Blueprint, Inc. (GBI) will see over $2.5 million in fines for fraudulent practices, as filed by the Commodity Futures Trading Commission (CFTC). According to the agency, this marks the first time that CFTC has made an anti-fraud enforcement action involving bitcoin. Yesterday’s CTFC press release states that Gelfman Blueprint Inc.The post Bitcoin Ponzi Scheme Founder Slapped with $2.5 Million Fine appeared first on CCN
10/19/2018 / 23:10:38
A New York federal court has ordered Gelfman Blueprint, a Bitcoin-denominated hedge fund, and its CEO Nicholas Gelfman to pay over $2.5 million in civil monetary penalties and restitution in the first Bitcoin fraud action filed by the Commodity Futures Trading Commission (CFTC). CFTC First Bitcoin Fraud Action Results in $2.5 Million Penalty Over $600,000...The post First Bitcoin Fraud Action Filed by the CFTC, Accused Ordered to Pay Over $2.5 Million appeared first on NewsBTC.
10/19/2018 / 17:05:34
The former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs). Also Read: Two US States […]Bitcoin News.
10/18/2018 / 06:30:41
Regulation | Advocates | CFTC | Chair | coion | commission | commodity | Former | Futures | Gary Gensler | gensler | ICO | ICOs | initial | ipo | IPOs | N-Economy | Neutral | offering | offerings | public | Regulations | technology | trading | U.S. | United States | US | | ICO|Regulation|Trading|BTC|Market
One of the top markets regulators in the United States said yesterday that he believes smart contract developers should in some instances be held liable when their blockchain applications are used in conjunction with illegal activities. Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), made this statement on Monday at the GITEXCCN
10/17/2018 / 14:16:49
CFTC commissioner Brian Quintenz addressed the question of accountability in an era of disintermediated finance and smart contracts, arguing against “code as law”
10/17/2018 / 11:22:00
The former chairman of the CFTC believes that the U.S. government policy makers need to take a technology neutral stance on blockchain, but says that regulation is necessary on its application to protect investors and help crypto reach widespread adoption. Gary Gensler Speaks on Bitcoin, Blockchain, and Future Regulation While pundits like financial analyst Nouriel...NewsBTC.
10/17/2018 / 06:00:34
High-ranked official from Coinbase, Adam White, joins Bakkt as the platform’s Chief Operating Officer starting November. Changing Sides Live Bitcoin News reported earlier this month that Adam White, Head of Coinbase’s Institutional Platform Group, was leaving the organization. The largest US-based cryptocurrency exchange has replaced him with Jonathan Kellner – former CEO of institutional brokerage...Live Bitcoin News.
10/17/2018 / 01:00:04
Former Commodity Futures Commission Chairman Gary Gensler, who helmed the organization from mid-2009 to early 2014, recently shared his opinions on cryptocurrency regulation in a Bloomberg interview. Need For Regulation Gensler was asked about the validity of blockchain technology, and the regulator-turned-blockchain-lecturer stated outright that it “has a real chance to be a catalyst forCCN
10/16/2018 / 21:33:30
A veteran and early employee of Coinbase is switching teams, moving to the up-and-coming cryptocurrency exchange platform, Bakkt. Adam White will be joining Bakkt as the exchange’s Chief Operating Officer, helping the platform to develop as it prepares for its imminent launch. Many investors and analysts see Bakkt as being cryptocurrency industry’s next big platform...NewsBTC.
10/16/2018 / 03:15:26
My Big Coin, the platform accused of fraud by the CFTC, has requested a nearly seven-month extension on their case to sufficiently answer questions raised by the commission. September saw the U.S. Commodity Futures Trading Commission (CFTC) given the green light to pursue their case against My Big Coin (MBC). The commission charged the platform...Live Bitcoin News.
10/13/2018 / 00:00:28
When derivatives exchanges CBOE and CME launched the first regulated U.S. bitcoin futures contracts, many cryptocurrency bulls thought that this event would lead to a wave of institutional investment and propel the market toward even greater highs. Just days later, the yearlong bitcoin price rally stalled, and the flagship cryptocurrency — followed soon after byCCN
10/12/2018 / 16:47:56
Middling cryptocurrency exchange YoBit has an unusual plan to attract more traders to its platform: randomly pump coins to artificially drive up their prices. In a Tweet published this morning, the exchange, apparently based out of Russia, said that on Thursday it will inject 10 BTC (~$66,000) into 10 random markets. “We will buy oneCCN
10/10/2018 / 23:57:20
The Commodity Futures Trading Commission (CFTC) has bolstered its police actions in the last fiscal year, driven largely by cryptocurrency cases, according to The Wall Street Journal. Under President Trump, the federal derivatives market regulator levied about $900 million in civil penalties in 2018 alone, exceeding the annual amount in five of the eight yearsCCN
10/09/2018 / 01:05:05
In recent news pertaining to cryptocurrency regulations, French lawmakers are considering a proposed amendment that would introduce a regulatory framework for crypto-asset intermediaries; the U.S. Securities and Exchange Commission (SEC) has announced October 26th as the deadline for the submission of public comments relating to the nine exchange-traded funds (ETFs) it recently rejected; and a […]Bitcoin News.
10/07/2018 / 06:55:53
Regulation | CFTC | Commentary | commission | Commodity Futures Trading Commission. | crypto | Crypto asset | deadline | ETF | Exchange | France | french | fund | Funds | intermediaries | N-Economy | Regulations | Rejected | roundup | SEC | Securities | Self | self regulation | traded | U.S. | United States | US | | Regulation|Exchange|BTC
Cryptocurrencies are commodities, according to four court cases involving the U.S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token is a commodity, certifying the CFTC’s authority to prosecute fraud and manipulation in the crypto space. In her ruling, the judge cited three other crypto-related cases that arrive at the same […]Bitcoin News.
10/04/2018 / 23:25:07
Regulation | Bitcoin | BitFinex | BTC | CFTC | coinflip | commodities | commodity | court cases | crypto | Cryptocurrency | Digital Currency | Judge | mcdonnell | my big coin | N-Economy | regulator | Virtual Currency | | Commodity|BTC|Exchange|ICO|Regulation
Some text in the modal.