TagCFTC

Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg

BitMEX, Arthur Hayes, bitcoin, crypto

The US Commodity Futures Trading Commission (CTFC) has launched an investigation against the cryptocurrency exchange BitMEX, Bloomberg reported today. Probe on US customers According to Bloomberg, BitMEX is not registered in the United States, and the CFTC is probing whether the Seychelles-based crypto exchange has broken the rules by giving access to US users to trade on its platform. As the...

Hedge Funds Are on the Losing Side of the Bitcoin Futures Bet Lately

bitcoin

As speculative interest has returned to bitcoin futures markets, so too have short sellers. According to the most recent CFTC Commitment of Trader’s (COT) report, hedge funds may have been getting roasted by BTC/USD’s meteoric rise through $11,000. Hedge Funds Still Bearish Bitcoin Futures Despite Rally A parabolic ascent is something that tends to attracts aggressive short-sellers, and the COT...

Is the New CFTC Chairman Heath Tarbert a Bitcoin Ally or Enemy?

CFTC and bitcoin

By CCN: Bitcoin fans are wistful after learning that the pro-crypto CFTC (Commodity Futures Trading Commission) chairman Christopher Giancarlo is stepping down on July 15. The U.S. Senate confirmed Giancarlo's successor, Heath Tarbert, by a vote of 84 to 9. Giancarlo Backs Heath Tarbert Giancarlo was affectionately nicknamed "Crypto Dad" for his pro-bitcoin rhetoric. In a June 5 statement...

Crypto Dad Confirms Facebook 'Conversations' Over GlobalCoin Digital Currency

GlobalCoin, CFTC, Facebook, Zuckerberg, Facebook Digital Currency

By CCN: Facebook’s plans to launch the GlobalCoin cryptocurrency are moving full-steam ahead. According to the Financial Times, the social media giant has already initiated talks with the Commodity Futures Trading Commission (CFTC). The outgoing chairman of the CFTC, Chris Giancarlo, told the publication that the derivatives regulator and Facebook were in the ‘very early stages of conversations’...

'Crypto Dad' Pens Heartfelt Open Letter Ahead of CFTC Exit

Christopher Giancarlo, CFTC, bitcoin, crypto

By CCN: J. Christopher Giancarlo, Chairman of the US Commodity Futures Trading Commission (CFTC), is preparing to step aside after five years on the job. The regulator, lovingly nicknamed "Crypto Dad," penned a heartfelt open letter to the blockchain world ahead of his exit from the agency. The CFTC Has Always Been More Crypto-Friendly Than The SEC The CFTC, which regulates commodities and...

Bakkt CEO Kelly Loeffler Targets July for Thrilling Bitcoin Futures Launch

CFTC, Bakkt

By CCN: It's finally happening. The Intercontinental Exchange (ICE), the parent company of Bakkt, has officially filed for bitcoin futures approval with the U.S. Commodity Futures Trading Commission (CFTC), according to a blog post this morning by Bakkt CEO Kelly Loeffler. Although the CFTC hasn't approved the new platform yet, Loeffler seems confident it will, stating: "...bitcoin futures will...

Bitcoin Hero and CFTC Chair Giancarlo Expects 'Explosive' Spike in Crypto Interest

Christopher Giancarlo, CFTC, bitcoin, crypto

By CCN.com: J. Christopher Giancarlo, the retiring chairman of the CFTC, expects a massive spike in interest in cryptocurrencies with the launch of bitcoin futures products. Giancarlo made the remarks in a May 1 speech before a Congressional committee. During his testimony, he recounted the highlights of his tenure at the Commodity Futures Trading Commission (CFTC) and its response to today's...

Pro-Bitcoin CFTC Commissioner Bart Chilton Dies Too Young at 58

Bart Chilton, Bitcoin

By CCN.com: Bart Chilton is dead at a mere 58 years old. He served in the CFTC between 2007 and 2014, initially selected by George W. Bush but reconfirmed throughout the Obama years. Bitcoin had barely entered the collective consciousness in a big way when he left his post, but he held strong opinions on the subject. Chilton was an ICO founder Chilton said in his later years that he wished had...

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