Virtual Currencies to Become “Part of the Economic Practices” of All Nations – CFTC Commissioner

United States Commodities Futures Trading Commission (CFTC) commissioner, Rostin Behnam recently gave a speech in which he predicted that “virtual currencies […] will become part of the economic practices of any country.” The CFTC commissioner predicted that cryptocurrencies will have a transformative effect in providing financial services to unbanked populations, and undermine corruption through increasing … Read more

The US Justice Department Opens Investigation Into Crypto Price Manipulation

The US Department of Justice has launched an investigation into possible crypto price manipulation by crypto traders, reports Bloomberg. Quoting four people familiar with the situation, the report indicates that the DOJ’s prosecutors are working in partnership with the Commodity and Futures Trading Commission to probe the matter. The DOJ believes that digital currencies are highly … Read more

DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision

Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” … Read more

CFTC Introduces Guidelines for Issuing Cryptocurrency Derivatives

It was only a matter of time until regulators introduced new guidance for cryptocurrency derivatives and associated products. Considering that these investment vehicles are of great interest to consumers and institutional investors alike, it only makes sense that the CFTC would take a special interest in such products. The CFTC’s new Guidelines are in Place Bringing more … Read more

CFTC Publishes Advisory On Listing Cryptocurrency Derivatives

The United States Commodity Futures Trading Commission (CFTC) has issued an advisory for exchanges and clearinghouses providing guidance pertaining to the assessment and listing of cryptocurrency derivatives. Also Read: Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics CFTC Issues Advisory Regarding Cryptocurrency Derivatives The CFTC’s Division of Market Oversight (DMO) and Division of Clearing … Read more