“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC…
Author: Cointelegraph By Turner Wrightn
BlackRock SEC filings show company gained $369K from Bitcoin futures
Larry Fink, chief executive officer of BlackRock, said in July that the company was seeing “very little in terms of investor demand” for cryptocurrencies.
CFTC commissioner Dan Berkovitz will become SEC general counsel
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive,” and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act.
Digital dollar advocate will retire as Dallas Fed president
At a November 2020 virtual conference, Rob Kaplan said “it is critical that the Fed focuses on developing a digital currency in the coming months and years.”
Coinbase users can choose to deposit paychecks directly to accounts
Customers will have the option to deposit “as much or as little” of their paychecks as they want in the feature rolling out in the next few weeks.
Morgan Stanley doubles exposure to Bitcoin through Grayscale shares
The investment firm has increased its shares of GBTC by more than 105% since April.
Small business advocacy group recommends US congress ‘clarify the status of digital assets’
“We encourage market participants looking to determine whether a digital asset is a security to seek the advice of securities counsel and engage with FinHub staff,” said the SEC.
Crypto has recovered from China’s FUD over a dozen times in the last 12 years
Since 2009, China and Hong Kong have “banned” or otherwise caused FUD in the crypto space on 18 separate occasions.
Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future.
Yemen national uses crypto donations to fight starvation amid civil war
16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels.