Search Results for: CF

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications. The CFTC held the stablecoin meeting on Feb. 26, along with Charles Cascarilla, CEO of Paxos, Eddie Wen, Global … Continue reading US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

US CFTC Reaches Clarity on Interpretive Guidance on the Physical Delivery of Traded Cryptocurrency

The US Commodity Futures Trading Commission (CFTC) announced that the Commission has voted unanimously and has clarified the guidance on the question of the physical delivery of digital assets.  This move comes as CFTC Chairman Heath P. Tarbert said, “providing clarity to market participants is one of the CFTC’s core values. Tarbert believes that new … Continue reading US CFTC Reaches Clarity on Interpretive Guidance on the Physical Delivery of Traded Cryptocurrency

Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

Paul Tudor Jones: The Great Monetary Inflation Billionaire hedge fund manager Paul Tudor Jones was reportedly looking to buy Bitcoin to hedge against inflation as central banks across the world are printing money to relieve economies affected by the coronavirus pandemic. Jones is one of Wall Street’s most seasoned and successful hedge fund managers, CEO … Continue reading Paul Tudor Jones' Bet on Bitcoin Supported by CME’s Bitcoin Futures CFTC Data and PwC’s Latest Crypto Report

LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year

The Commodities Futures Trading Commission (CFTC) announced that its FinTech research wing, LabCFTC will be hosting a series of interactive virtual events during autumn 2020.  LabCFTC is an initiative under the General Counsel’s office in 2017 aimed at promoting FinTech innovation and competition. The office has been very active with over 400 different private meetings … Continue reading LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year

CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain

The Commodity Futures Trading Commission (CFTC) is set to hold a virtual meeting centered around digital currencies. The meeting scheduled by the Technological Advisory Committee (TAC) of the CFTC has drafted discussions centered around decentralized ledger technology (DLT) and digital currencies per its agenda. The CFTC has been showing a positive attitude towards digital currencies … Continue reading CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain

CFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be Found

The United States Commodity Futures Trading Commission (CFTC) has filed a complaint with the New York Southern District Court against Benjamin Reynolds for his involvement in a fraudulent Bitcoin Ponzi scheme operating under a Bitcoin trading and investment company, Control-Finance. According to the proposed judgment submitted by the CFTC, Benjamin Reynolds will have to pay … Continue reading CFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be Found

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

The US Commodity Futures Trading Commission filed a civil enforcement action against four individuals for engaging in a fraudulent digital asset scheme. According to the CFTC’s complaint, filed in the US District Court for The Southern District of Texas, the defendants took place in the fraud scheme to solicit funds from customers to speculate on the … Continue reading CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

US CFTC Charges BitMEX For Operating Illegal Crypto Derivatives Exchange

On October 1, the US Commodity Futures Trading Commission charged owners of BitMEX cryptocurrency derivatives exchange for illegally operating in the United States. In a complaint filed in the US District Court for the Southern District of New York, the CFTC brought a civil enforcement action against Arthur Hayes, the CEO, and co-founder of BitMEX, Samuel … Continue reading US CFTC Charges BitMEX For Operating Illegal Crypto Derivatives Exchange

More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges

According to Glassnode data, more than 40,000 Bitcoins worth about $400 million have been withdrawn from Bitmex in less than 24 hours after the US Commodity Futures Trading Commission (CFTC) filed a legal enforcement action against the cryptocurrency derivatives exchange’s owners. The amount of Bitcoin withdrawn from Bitmex is 19% of the crypto exchange’s total … Continue reading More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges

BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

Arthur Hayes, the Chief Executive Officer of 100x Group – the holding company in charge of BitMEX crypto exchange operations – has stepped down from his role, following charges from the US Commodity Futures Trading Commission (CFTC) and the Department of Justice (DoJ). Per the official announcement, Hayes’ resignation comes alongside that of BitMEX’s other co-founder … Continue reading BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

Exit mobile version