Tag Archives: CFTC

How to Defend Yourself Against Pump and Dump Crypto Scams

How to Defend Yourself Against Pump and Dump Crypto Scams

“Pump and dump” schemes have been around since long before cryptocurrency was invented. What’s striking about the crypto markets is that this type of manipulation is done out in the open. On various social media channels, for example Telegram, BitcoinTalk and Reddit, groups of individuals come together and agree to buy altcoins at a certain […]

CFTC Ex-Chair: Crypto ‘Bubble’ Won’t Burst Without Set Regulations To Bring In Big Money

CFTC Ex-Chair: Crypto ‘Bubble’ Won’t Burst Without Set Regulations To Bring In Big Money

Former chairman Jim Newsome of the US financial regulator the Commodity Futures Trading Commission (CFTC) predicted that the alleged cryptocurrency “bubble” will not burst soon, Forbes reported on March 8. According to Newsome, the lack of a concrete regulatory framework means that institutional investors are still not participating in cryptocurrency markets. Without clear regulations and the resulting injection of […]

US: Cryptocurrency Trading Platforms Must Be Registered With SEC

US: Cryptocurrency Trading Platforms Must Be Registered With SEC

The US Securities and Exchange Commission (SEC) now requires that platforms trading digital assets which meet the definition of a security must register with the agency as an exchange,  according to a public statement issued by the regulatory body on Wednesday, March 7. Cryptocurrency exchanges would subsequently be governed by the same rules as traditional exchanges. For this reason, they […]

CFTC Gives Green Light for Employees to Trade in Cryptocurrencies

CFTC Gives Green Light for Employees to Trade in Cryptocurrencies

The U.S. Commodity Futures Trading Commission (CFTC) has given its employees the green light to invest in cryptocurrencies, according to a report. Bloomberg reports today that the CFTC’s general counsel, Daniel Davis, gave the go-ahead in a memo earlier this month, apparently in response to “numerous inquiries” from employees about whether they could do so. While members […]

CFTC Joins SEC In Warning Against Crypto Pump-and-Dumps

CFTC Joins SEC In Warning Against Crypto Pump-and-Dumps

The Commodity Futures Trading Commission (CFTC) on Thursday issued a warning about cryptocurrency pump-and-dump schemes. The release, published Thursday, marks the latest investor warning from the U.S. commodities and derivatives regulator. Earlier this month, the agency put out an advisory that urged caution around investing in cryptocurrency retirement accounts. Other regulators, namely the Securities and Exchange […]

Colorado Representative Jared Polis Asks Congress to Draft Bitcoin Disclosure Guidelines

Colorado Representative Jared Polis Asks Congress to Draft Bitcoin Disclosure Guidelines

This week, Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics (HCE) asking the organization to put forth statutes that require government employees to declare their Bitcoin and other digital currency holdings: “A Member or covered employee should report any virtual currency holding as they would report any other […]

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

Following a volatile few days in the crypto markets this week, with Bitcoin (BTC) dipping below $7000for the first time since November, several crypto experts have predicted an overall bull run. Experts told CNBC today, Feb. 7, that the total market cap of all cryptocurrencies could reach $1 trillion and that BTC itself could hit $50,000 by the end of […]

Crypto Market Sees Slight Rebound During SEC, CFTC Hearings

Crypto Market Sees Slight Rebound During SEC, CFTC Hearings

The crypto markets have seen a slight uptick Tuesday, Feb. 6, after Monday’s sharp decline. This slight market rebound could be attributed to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) hearings that are taking place today, Feb. 6. The regulatory bodies plan to discuss cryptocurrencies, Initial Coin Offerings (ICO), and ETFs. Bitcoin (BTC) is still trading around the […]

Bitcoin’s Volatility Triggers More Regulatory Attempts in the US

Bitcoin’s Volatility Triggers More Regulatory Attempts in the US

The US Senate shows a great interest in Bitcoin and cryptocurrencies all of a sudden. With the Bitcoin price tanking, the government feels the need to intervene. More specifically, top market watchdogs will be questioned regarding the futures market. Additionally, there will be a strong focus on potentially introducing additional regulation. It will be impossible […]