CFTC Permanently Bans Celsius Founder Mashinsky From U.S. Markets After $20B Crypto Collapse
The legal fallout from the collapse of crypto lender Celsius Network continues to unfold, with U.S. regulators securing another major victory against the firm's former chief executive, Alexander Mashinsky.
A CFTC Primer on Smart Contracts
The Commodity Futures Trading Commission’s LabCFTC released, “A CFTC Primer on Smart Contracts” which is part of LabCFTC’s effort to engage with innovators and market participants on a range of financial technology (FinTech) topics, and follows on a 2017 primer on virtual currencies and the agency’s recent FinTech Forward conference.
CFTC appoints LedgerX CEO to their Technology Advisory Committee
The US Commodity Futures Trading Commission (CFTC) has recently been expanding its role into digital commodities. The latest member of the CFTC Technology Advisory Committee is Paul L. Chou.
CFTC Unmasks the Controversial Truth Behind the First Bitcoin Derivatives Transaction
Bitcoin derivatives platform TeraExchange concealed the true nature of the first, historic, bitcoin derivatives transaction, which was simulated and did not represent actual liquidity.
Bitcoin is Officially a Currency, Property, Money, and Now a Commodity
In order to claim authority over Bitcoin, different branches and agencies of the US Government define the digital currency in various ways. This requires enthusiasts to be careful and aware of the jurisdictional differences when using Bitcoin or other alternative currencies in their various roles.
LedgerX Derivatives Exchange To Offer Physically Settled Bitcoin Contracts to Institutional Market
Big Banks and Institutions that must keep bitcoin on hand could, for the first time, have a regulated way to hedge their holdings in bitcoin, instead of cash. Such a financial platform could increase investments in bitcoin.
