Cryptocurrency ETFs: What are they and what do they do?

Posted on Categories Cryptocurrency, ETF, Exchanges, General, News, RegulationsTags , , , , , Leave a comment on Cryptocurrency ETFs: What are they and what do they do?

Chances are that you have heard about ETFs if you are into cryptocurrencies. They have been in the news recently for their activities in seeking regulatory approval. ETF stands for Exchange Traded Funds. Cryptocurrency ETFs are digital coin exchanges on which cryptocurrency trade occurs. They are based on blockchain technology but the idea is similar … Continue reading “Cryptocurrency ETFs: What are they and what do they do?”

DOJ and CFTC Investigate Tether and Bitfinex

Posted on Categories Altcoin, Bitcoin, Cryptocurrency, Exchanges, Law, RegulationsTags , , , , , Leave a comment on DOJ and CFTC Investigate Tether and Bitfinex

Last May, the Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) opened a general investigation into price manipulation. Bloomberg reported on Tuesday that they appear to be investigating Bitfinex and Tether (USDT) specifically. This isn’t the first such investigation into Bitfinex and Tether Ltd The CFTC subpoenaed both in December of 2017. There … Continue reading “DOJ and CFTC Investigate Tether and Bitfinex”

CFTC Chair: Cryptocurrencies Here to Stay

Posted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, RegulationsTags , , , , , , , Leave a comment on CFTC Chair: Cryptocurrencies Here to Stay

One of the most aggravating issues facing cryptocurrencies is the lack of action from the U.S. and the Commodities Futures Trading Commission (CFTC). But that could soon change In fact, Chis Giancaro, the chair of the CFTC intends to fix that very issue. “I think that cryptocurrencies are here to stay. I think that there … Continue reading “CFTC Chair: Cryptocurrencies Here to Stay”

CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker

Posted on Categories Bitcoin, Cryptocurrency, News, ScamTags , , , , , , , , , Leave a comment on CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker

Three U.S. agencies took action again Bitcoin-funded, 1pool Ltd., otherwise knows as 1Broker. For instance, the U.S. SEC charges that 1Broker violated federal securities laws.  The Commodity Futures Trading Commission (CFTC) says 1Broker violated the Commodity Exchange Act. Even the U.S. FBI seized the company’s domain, alleging on money laundering, operating as an unregistered broker, and … Continue reading “CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker”