Can Bitcoin ever match or even replace gold as a safe haven from fluctuating fiat currency and unstable stock and bonds markets? Some experts see a future where it will. Forget the FOMO Bitcoin will last For as long as human records go back in time gold has been a constant form of wealth in… […]
This week Jane Street Capital a global proprietary trading firm has announced it has been trading BTC these days. Often referred to as one of Wall Street’s most secretive investment companies, Jane Street says if cryptocurrencies continue to rise they expect to be involved. Also read: Championing Decentralized Exchanges, Now Might Be the Perfect Time […]
U.S. District Judge Jack Weinstein in Brooklyn ruled that the Commodity Futures Trading Commission (CFTC) has standing to regulate cryptocurrencies as commodities. The financial watchdog first determined that virtual currencies are commodities in 2015. Cryptocurrencies are commodities The ruling gives the CFTC the needed authority to bring a fraud lawsuit against Patrick McDonnell, a New York resident charged […]
A U.S. district judge has backed the U.S. Commodity Futures Trading Commission in defining cryptocurrencies as commodities.
The CFTC has published a proposed interpretation of how it will deem that a cryptocurrency has been “delivered” from a buyer to a seller.
The Chicago Mercantile Exchange has filed for two patents outlining a blockchain system that stores and automatically executes financial transactions.
Food and raw materials are among the most important commodities that are necessary for the continued existence of humankind. These commodities also represent a huge aspect of the entire commodities market which trades an average volume of about 2 Trillion USD per annum. The limits of a centralized market In the traditional markets, commodities are […]
Blockchain progress in the energy industry could give banking applications a run for sector supremacy, CoinDesk’s Noelle Acheson argues. Source
It could be useful to evaluate bitcoin’s potential against other commodities, but the cryptocurrency walks its own path.
Money has seen some big changes since the days of bartering. Now decentralization is upturning the cart once again.
The CTFC is investigating whether it has the authority to regulate digital currencies under rules for commodities, reports say.
Marco Santori – Bitcoin Law In The U.S., Part I: Marco Santori, Chairman of Bitcoin Foundation (@BTCFoundation)’s Regulatory Affairs Committee, gives a basic primer on the state of US law as it applies to digital currency entrepreneurs. Excerpts of the post on Coindesk: “If the last few months have taught us anything, it is that there […]