CFTC Chair: Bitcoin May Solve some of the World’s Problems

CFTC Chair: Bitcoin May Solve some of the World’s Problems

“Cryptocurrencies are here to stay” – This recent quote doesn’t belong to a crypto enthusiast or investor, nor to a startup company that launches its initial coin offering (ICO), and not even to an overzealous blogger. This quote was made by the chairman, no less, of the U.S. Commodity Futures Trading Commission (CFTC) – the regulatory government agency that oversees futures and option markets. In an interview with CNBC’s Fast Money, the CFTC Chair Chris…

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CFTC Boss: Falling Behind on Blockchain, Heavy Crypto Regulation Isn’t Necessary Yet

CFTC Boss: Falling Behind on Blockchain, Heavy Crypto Regulation Isn’t Necessary Yet

During a Congressional hearing on July 25th, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo addressed several interesting key points regarding blockchain and crypto, and the current approach of the CFTC toward them. The hearing, labeled “Examining the Upcoming Agenda for the CFTC,” was hosted by the House Agriculture Committee and through which Giancarlo answered all sorts of questions concerning the CFTC agenda and plans for the future. The entire hearing…

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The CFTC: Conduct Thorough Research before Purchasing Virtual Coins or Tokens

The CFTC: Conduct Thorough Research before Purchasing Virtual Coins or Tokens

Initial coin offerings (ICOs) can be a great way for legitimate startups to raise funds by allowing crypto-communities to take part in the projects as well. But, of course, there is a crucial necessity for potential participants to conduct their proper due diligence in such projects just like any other projects from other fields. This is essentially the new advice and warning, succinctly put, that the U.S. Commodity Futures Trading Commission (CFTC) has issued for…

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