ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, […]
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Since being granted a DCO by the CFTC and offering digital asset futures trading in December, ErisX has expanded its offering to ETH. Chicago-based crypto exchange ErisX has notified its members and participants that it will start offering trading on Ether futures in the United States. According to a company blog post on May 11, […]
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Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies during the first day of Consensus. Crypto industry leaders and law experts debated the privacy implications of central bank digital currencies (CBDC) during the ‘Money Re-Imagined’ panel as part of Consensus:Distributed on May 11. Lawrence Summers, the former U.S. Treasury Secretary […]
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Former CFTC royalty and current leaders of a U.S.-based think tank to promote a digital dollar talk privacy in new AMA. As part of the virtual conference Consensus 2020, three leaders of the Digital Dollar Project held an AMA on May 11 in which they went at length into their thoughts for the future of […]
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U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million. The Commodity and Futures Exchange Commission (CFTC) has charged executives of American and Israeli firms for an alleged $15 million scam involving cryptocurrencies and binary options. Court documents filed on May 5 mention two major scams, the first […]
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U.S. CFTC launches its first science contest to find new technological tools to find unregistered derivatives offerings from foreign entities, including Bitcoin futures. A major United States financial regulator is holding its first science contest, asking devs for new tools to track foreign derivatives offerings that may be soliciting U.S. investors without proper registration. Project […]
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US traders have one more place where they can place bets on the future price of BTC. It’s becoming a little more common for exchanges to have the government’s blessing to trade BTC derivatives. Bitnomial Exchange is the latest to join this mostly private party, having received a so-called “order of designation” from the Commodity […]
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A Florida resident has been charged by the CFTC for raising $1.6 million through a fraudulent cryptocurrency and forex trading scam. The United States Commodity Futures Trade Commission (CFTC) has filed a complaint against Florida resident Alan Friedland for fraudulently raising $1.6 million through a cryptocurrency tied to a forex trading scheme. The April 16 […]
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Tokenization is a prevalent topic in the crypto industry, but where does it currently stand, and what are the tech and regulatory issues it faces? With ongoing talks of Central Bank Digital Currencies and now even a possible digital dollar, tokenization continues to be a hot topic both in the crypto world and in traditional […]
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The CFTC has pushed for a default ruling after failing to locate the alleged director of a $147 million crypto Ponzi scheme. The United States Commodity Futures Trading Commission (CFTC) has requested that the alleged founder of the crypto $147 million Ponzi scheme Control-Finance be declared a default. On April 3, the CFTC filed for […]
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