Learn How Trade Crypto
This will always be remembered as the week when oil went negative. The economic repercussions of this are staggering and will take months to fully comprehend – but, more short term, one of the most fascinating aspects is how it knocks universally accepted truths about markets right into the oil can. Also compelling is what […]
North Carolina Congressperson Ted Budd highlighted two bills he hopes will receive bipartisan support, The Cryptocurrency Tax Fairness Act and the Virtual Value Tax Fix of 2018, while speaking at the U.S. House Ways and Means Committee on June 4. During his testimony, Budd called the development and protection of the domestic blockchain industry an issue of […]
The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt. With Bakkt’s launch having been held up for five months, apparently over persuading the Commodity Futures Trading Commission (CFTC) to approve it to custody bitcoin for its planned physically-delivered futures contracts, ICE apparently sees a license […]
CoinfloorEX, a unit of the United Kingdom cryptocurrency exchange Coinfloor, has been reorganized to offer trading of physical Bitcoin futures on the Asian market. The CEO of the company has revealed this in an interview with Bloomberg on Monday, Jan. 7. The rebranded CoinFLEX — short for Coin Futures and Lending Exchange — is reportedly owned by a consortium that includes Roger Ver, […]
Two members of the U.S. House of Representatives are seeking to exempt cryptocurrencies and certain other digital assets from federal securities laws. The “Token Taxonomy Act” was introduced Thursday by Reps. Warren Davidson and Darren Soto, a move that comes months after a roundtable in Washington, D.C. that sought input about regulatory measures for the industry. According […]
Donna Redel is an angel investor focusing on financial technology, blockchain and emerging technologies, professor of blockchain and a former chairman at the Commodity Exchange. If there’s any doubt institutions are moving fast on crypto asset adoption, take it from a teacher. In developing the syllabus for Fordham Law and Gabelli School of Business, which both offered […]
Two US congressmen introduced bipartisan legislation designed to prevent cryptocurrency price manipulation and position the United States as a leader in the crypto industry. Democrat Rep. Darren Soto of Florida and Republican Rep. Ted Budd of North Carolina unveiled the following bills: Virtual Currency Consumer Protection Act. This bill directs the CFTC to explain how […]
On Monday (3 December 2018), Joseph Christinat, Vice President of Communications at Nasdaq, confirmed that the second-largest exchange in the world (by market cap) will definitely be launching a Bitcoin futures product in the first half of 2019. We first head about Nasdaq’s upcoming Bitcoin futures last week during the “Consensus: Invest 2018” conference in New York City. Here is a tweet […]
Christopher Giancarlo, the chairman of the US Commodity Futures Trading Commission (CFTC), recently said that distributed ledger technology (DLT) may help regulatory authorities monitor trading markets more effectively. Giancarlo’s comments regarding blockchain technology came as he delivered his speech (on November 7th) titled: “Quantitative Regulation: Effective Market Regulation in a Digital Era” – at the FinTech Week conference at Georgetown University’s […]
Former chairman of the U.S. Commodity Futures Trading Commission (CFTC), Gary Gensler said that most tokens sold through Initial Coin Offerings (ICOs) should be classified as securities, Bloomberg reported Oct. 15. Should cryptocurrencies be considered securities, they would fall under the regulatory purview of the U.S. Securities and Exchange Commission (SEC). Issuers of coins would have to comply with certain laws, […]