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CFTC Is Four Years Behind on Crypto Regulation, Chairman Admits

The US Commodity Futures Trading Commission is at least four years behind its peers on crypto regulation, its chairman admitted on July 25. Speaking to the House Committee on Agriculture, Christopher Giancarlo stated that the current regulatory framework restricts it from taking a proactive role in the crypto industry and instead relegates it to dealing […] дальше »

2018-7-29 23:00


Testing blockchain is needed because we are behind

Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo outlined his agency’s interest in blockchain technology during a Congressional hearing Wednesday, July 25. The chairman emphasized the need for the appropriate procedures that would enable the CFTC to examine innovative blockchain tech for potential future use cases. The hearing, titled “Examining the Upcoming дальше »

2018-7-26 06:01


In today’s edition of Bitcoin in Brief we cover a number of stories related to crime from around the cryptosphere: an exchange operator pleads guilty to securities fraud, a scammer is fined over $1.9 million for bitcoin and binary options fraud,

Manhattan U.S. Attorney Geoffrey S. Berman said: “Montroll deceived his investors and then attempted to deceive the SEC. He also failed to register with the CFTC as a Commodity Pool Operator. He promised to convert this into fiat and invest it on customers’ behalf in a pooled investment, including trading binary options on an online дальше »

2018-7-25 18:25


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Blockchain Group to Enhance Minerals Industry

A Switzerland-based trading platform for metal concentrates is forming a blockchain consortium aimed to streamline supply chains in the minerals industry. To that end, Open Mineral – a startup established by a group of former employees from commodity trading and mining giant Glencore – said it has already started working with the ethereum startup ConsenSys to дальше »

2018-7-9 20:56


Octagon Strategy is a privately-owned commodity and digital asset trading firm. Speaking to CNBC July 1, Ryan Rabaglia, the head trader, dismissed the current downward price pressure on Bitcoin markets, which last week took prices below $6000

The head trader of Octagon Strategy has told CNBC the company “remains bullish” on Bitcoin despite price decreases and “obstacles” it may face in the future. Octagon Strategy is a privately-owned commodity and digital asset trading firm. дальше »

2018-7-2 17:38