Home » Tag Archives: CFTC

Tag Archives: CFTC

LedgerX Debuts First Bitcoin Savings Account Licensed By CFTC

Trading and clearing platform LedgerX has launched a new Bitcoin (BTC) savings product that is licensed by the US Commodities Future Trading Commission (CFTC), Forbes reported May 15. The savings product introduced by LedgerX is certified by a CFTC derivatives clearing organization (DCO) license and a swap execution facility (SEF) license. Juthica Chou, Chief Operating Officer at LedgerX said: “Everything ...

Read More »

CFTC Chair – The Merkle

Bitcoin and many other cryptocurrencies have elements of all asset classes. This makes it very complicated for regulators to come up with a comprehensive regulatory framework for this industry. That’s according to the US Commodity Futures Trading Commission (CFTC) chairman, Chris Giancarlo, in an interview with CNBC. He added that as a regulator, he doubts there will be a solution in the near future, as ...

Read More »

CFTC Chairman Claims Interest in Bitcoin Is a ‘Generational’, Calls for ‘Respect’

The chairman of the U.S. Commodity Futures Trading Commission (CFTC) and the Commissioner at the U.S. Securities and Exchange Commission (SEC) have commented on cryptocurrencies at this week’s Milken Institute Global Conference. Christopher Giancarlo, chair of the CFTC, likened Bitcoin to the baby boomer generation’s rejection of past societal norms through their experimentation with ‘sex, drugs, and rock and roll.’ ...

Read More »

SEC, CFTC Are Examining Whether Ethereum Should be Regulated As a Security

Ethereum has found itself under the regulator spotlight with a report suggesting that authorities are looking at whether it and other cryptocurrencies should be regulated as securities. Will Ether Be Regulated the Same As Stocks? In a report from the Wall Street Journal, people familiar with the matter have said that the U.S. Commodity Futures Trading Commission (CFTC) and the ...

Read More »

CFTC Chair says Bitcoin Has Elements of all Asset Classes

Bitcoin is part currency, part security, and part digital coin according to the head of the Commodity Futures Trading Commision (CFTC). CFTC Chair Struggles to Define Bitcoin As the ecosystem around Bitcoin and cryptocurrency continues to evolve the various regulatory bodies in the US still struggle to define what it is so to create a framework in which it can be ...

Read More »

CFTC Chief aka ‘Cryptodad’ to Retire When Term Expires Next Year

Join our community of 10 000 traders on Hacked.com for just $39 per month. The top markets regulator in the United States has confirmed that he will retire following the expiration of his term in 2019, depriving the cryptocurrency industry of one of the Washington establishment’s friendliest voices. Speaking with financial publication IFLR at last week’s International Swaps and Derivatives ...

Read More »

CFTC Aims to End Cryptocurrency Pump-and-Dumps With a Bounty Program – The Merkle

Pump-and-dump schemes are nothing new in the world of Bitcoin and cryptocurrencies. Such scams and hype cycles come around virtually every other week. The US Commodity Futures Trading Commission is all too aware of such developments. As such, the agency has created a bounty program meant to encourage whistle-blowers to expose these schemes. Ending Crypto Pump-and-dumps Those of us who have been ...

Read More »

Ethereum(Eth) and Ripple(XRP) are ‘Noncompliant Securities,’ Says Fmr. CFTC Chairman

Join our community of 10 000 traders on Hacked.com for just $39 per month. The two most valuable altcoins are most likely “noncompliant securities” under US law, claims a former markets regulator. Gary Gensler, a former head of the Commodity Futures Trading Commission (CFTC), said that he believes Ether and XRP have been issued through unregistered securities offerings and are ...

Read More »

Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’

Join our community of 10 000 traders on Hacked.com for just $39 per month. As commodities regulators go, few have managed to attain the cult following that US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has assembled in recent weeks. However, the markets supervisor — nicknamed “cryptodad” by cryptocurrency enthusiasts — is finding that this newfound fame does ...

Read More »