BitMEX will be adding Polkadot, Binance Coin, and YFI for trading towards the end of the month. In addition, the
The US Commodity Futures Trading Commission (CFTC) is an independent federal agency that was established back in 1974 by the Commodity Futures Trading Commission Act. It regulates the commodity futures, as well as the options market. The goal is to protect investors against market manipulation, fraud, and abusive trade practices, while also promoting competitive and efficient trading.
There has been a serious debate regarding the nature of cryptocurrencies and whether or not they can be classified as commodities or securities, or even currencies, in general. Bitcoin, for example, was deemed a commodity by the CFTC back in 2015. Hence, those who operate with it would have to abide by the regulations set forth toward commodities.
In December 2019, the Chairman of the CFTC also said that Ether (ETH) is a commodity and, as such, falls within the jurisdiction of the CFTC.
Regarding other cryptocurrencies, it depends on their structure, intended use, and designation. As such, some of them may be considered securities and to fall within the department of the Securities and Exchange Commission (SEC), which posts a whole different set of rules.
Recent CFTC News
The restructuring within 100x Group continues as the organization operating BitMEX has appointed a new CCO to further enhance
Samuel Reed, the CTO of the popular Bitcoin derivatives exchange BitMEX, has been released on a $5 million appearance bond.
The Big Winners: $145 Million Worth Of Bitcoin Transferred From BitMEX to Binance and Gemini Following CFTC Fiasco
Recent data has revealed that 45,000 bitcoins were withdrawn from BitMEX following the CFTC charges. Binance and Gemini have received
Following the controversial developments yesterday, cryptocurrency traders have withdrawn over $336 million worth of BTC from the derivatives exchange BitMEX.
Two US regulators, the Securities and Exchange Commission and the Commodities Futures Trading Commission, fined well-known cryptocurrency platform Abra for
The CFTC is developing holistic regulations for cryptocurrencies to encourage innovation.
The Commodity Futures Trading Commission (CFTC) has officially submitted a document yesterday to seek a default judgment against the director
Discussions around Bitcoin and cryptocurrencies, in general, have reached the high seats of investment banking. This becomes clear as the
Swiss-based fintech company and builder of marketplaces Lykke Corp has announced its new project in digital financing strategies The Open Initiative.