What BitMEX scandal? Bitcoin futures data shows traders focused on $12K
Bitcoin futures and options sentiment held steady despite the BitMEX and Kucoin news, signaling a $12K bull run is near. Go to Source Powered by WPeMatico
CFTC
Auto Added by WPeMatico
CFTC promises to protect ‘the burgeoning markets for digital assets such as Bitcoin’
The CFTC continues its roll of crypto announcements this week in a recent fraud bust-up. Go to Source Powered by WPeMatico
Law Decoded: The year of the Crypto Futures Trading Commission, Sept. 25–Oct. 2
The end of the U.S. federal government’s fiscal year brought a cascade of major announcements from agencies. Go to Source Powered by WPeMatico
Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours
Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform. According to Arcane Research’s post on Twitter, “the former … Read more
Why the BitMEX charges could be bad news for DeFi
Charges against BitMEX for weak AML and KYC policies could be bad news for the world of decentralized finance Go to Source Powered by WPeMatico
BitMex denies CFTC and DoJ allegations, says trading will continue
Despite criminal charges from the DOJ and at least one arrest of its leadership, Bitmex promises to continue operating as usual. Go to Source Powered by WPeMatico
3 reasons why the CFTC action against BitMEX will not crash Bitcoin price
Bitcoin price declined by 4% after the CFTC revealed charges against BitMEX but BTC remains bullish in the long term. Go to Source Powered by WPeMatico
CFTC charges BitMex with illegally operating derivatives exchange
Not being incorporated in the U.S. did not help the popular platform. Go to Source Powered by WPeMatico
House Ag Committee leader talks new bills to treat more cryptos like commodities
Congressman Conaway sheds some light on new legislation in conversation with Cointelegraph. Go to Source Powered by WPeMatico
CFTC charges crypto futures trader for failure to register in the US
The CFTC is looking to make an unregistered foreign platform pay back U.S. investors in its crypto futures, suggesting expanding jurisdictions. Go to Source Powered by WPeMatico
