CFTC: We’re ‘Diligently’ Working on All Crypto-Related Applications, Including Bakkt’s

The U.S. regulator continues to liaise with representatives despite repeated delays over Bakkt’s launch. United States regulator the Commodity Futures Trading Commission (CFTC) is actively working to approve multiple crypto-related applications, including for Bitcoin (BTC) futures from institutional trading platform Bakkt. A CFTC commissioner revealed the news in remarks to cryptocurrency news network Blocktv in […]

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Bakkt Gets $740 Million Valuation But Investors Have Questions, Sources Reveal

The significant valuation was leaked to the media following Bakkt’s 2018 Series A funding activities. Intercontinental Exchange’s to-be-launched institutional trading platform Bakkt has earned a $740 million valuation after it raised over $180 million in funding last year, anonymous sources told cryptocurrency industry news outlet The Block on March 21. Bakkt, which has yet to […]

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Report From Former CFTC Chairman Calls for Advanced Crypto Regulations

A recently published report from former CFTC chairman Timothy Massad has called for better regulations on crypto assets. A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission […]

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US CFTC Chair: Blockchain and Crypto Are Two Key Phenomena Transforming Today’s Markets

Chairman Giancarlo says blockchain and cryptocurrencies are two key phenomena that are transforming today’s markets. United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has said the agency’s fintech innovation hub LabCFTC is the regulator’s internal stakeholder in a landscape of exponential technological change and market evolution. Giancarlo made his remarks during his […]

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Nasdaq Licences Its Market Surveillance Tech to Crypto Startup Bcause

Nasdaq has licensed U.S.-based crypto startup Bcause LLC to use its trading, clearing and market surveillance technology. United States-based crypto startup Bcause LLC will use Nasdaq’s trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13. According to the announcement, Bcause will use the tech for its spot cryptocurrency market, […]

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CFTC Requires Trading Platform to Pay $990K for Illegal Bitcoin-Related Transactions

The U.S. Commodity Futures Trading commission fined a Marshall Islands-based startup and its owner for illegally trading with U.S. customers. The United States Commodity Futures Trading Commission (CFTC) has announced Monday, March 11, that international securities dealer 1pool Ltd. and its CEO Patrick Brunner must pay a total of $990,000 for illicit Bitcoin (BTC) transactions […]

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SEC Commissioner Hester Peirce: Crypto Markets Should Self-Regulate When Possible

“Crypto Mom” Hester M. Peirce has argued in favor of self-regulation for cryptocurrency markets when possible. United States Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce has argued in favor of self-regulation for cryptocurrency markets when possible. The commissioner made her remarks during a public talk together with former Commodity Futures Trading Commission (CFTC) […]

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