The CFTC is looking for a collective effort from several private as well as government players in order to form the regulatory framework around cryptos while protecting investor’s interests.
During the Yahoo Finance All-Markets Summit that took place on Feb. 7 in New York City, a top U.S. financial regulator had stuck an upbeat tune about the practice of formal self-regulation within robust cryptocurrency ecosystem.
The heads of both the institutions sounded much positive on the Blockchain technology and talked about the need of regulatory approach while dealing with cryptos.
Tether is yet to come clean on its alleged involvement with Bitfinex exchange and issuing USDT tokens which are alleged to have been not backed by the U.S Dollar.
CME Group Inc has just announced that it will launch its Bitcoin Futures contract on December 18 to provide a regulated trading platform for the cryptocurrency futures market.
The U.S. Commodity Futures Commission (CFTC) makes LedgerX the first federally regulated bitcoin options exchange and clearing house authorized to list and clear bitcoin options for the institutional market.
This is Coinspeaker’s latest weekly round up with the headlines of the past days.
The U.S. derivatives regulator is studying whether it should regulate virtual currencies, its chief said on March 11, 2014, as regulators across the globe start taking the emerging technology more seriously.