CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format

2020-7-29 19:30

Perfection shouldn’t be the enemy of good when it comes to regulating the cryptocurrency space, said Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert.

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CFTC Wins Case Against Cryptocurrency Promoter That Ran Bold and Vicious Frauds

The Commodities Futures Trading Commission (CFTC) won a court case against a cryptocurrency promoter that cheated investors by running “a bold and vicious fraud. ” According to Bloomberg on August 24, 2018, the CFTC managed to ban the cryptocurrency operator permanently, Patrick McDonnell ordering, him to pay a hefty fine in restitution and penalties.

2018-8-25 17:00


CFTC Chairman Thinks More Bitcoin Surveillance and Crypto Enforcement is Necessary

In order to have a better enforcement and surveillance of cryptocurrency products, the Commodity Futures Trading Commission will have to spend more on technology, says CFTC Chairman Chris Giancarlo. According to the CFTC’s interpretation, the term “virtual currency” incorporates any digital representation of value that functions as a medium of exchange, as well as any […]

2018-8-19 21:04