P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

P2P Trade Spikes in Canada amid Bank Restrictions on Crypto TransactionsThe volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the […]

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Bitcoin Futures Flat as Contracts Move Short and Merrill Lynch Imposes Ban

Bitcoin Futures Flat as Contracts Move Short and Merrill Lynch Imposes BanThe Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm,  reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be […]

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