FTX US Head Wants Crypto Derivatives Trading Within Year
Mr. Brett Harrison, president of the FTX affiliate in the United States of America, is clearing the way for crypto futures trading on the exchange. The cryptocurrency exchange FTX has quickly risen to the top of the cryptocurrency consciousness in the United States. Consider the company’s long-term agreement to name the Miami Heat arena, as […]
BitMEX to pay about $100M in penalties to FinCEN and CFTC
Cryptocurrency derivatives exchange BitMEX will pay about $100 million to the Financial Crimes Enforcement Network (FinCEN) and Commodity Futures Trading Commission (CFTC) for illegally operating a crypto trading platform. The US District Court for the Southern District of New York had entered a consent order for HDR Global Trading Limited, 100x Holding Limited, ABS Global […]
SEC has no jurisdiction over cryptocurrency, says CFTC commissioner
According to Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), the CFTC is the only U.S. regulatory agency with experience in regulating Bitcoin and cryptocurrency markets and not SEC. The Securities and Exchange Commission (SEC) of the United States has expanded the scope of its oversight of the cryptocurrency industry, but a […]