“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…
Larry Fink, chief executive officer of BlackRock, said in July that the company was seeing “very little in terms of investor demand” for cryptocurrencies.
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.
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.”
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.
The investment firm has increased its shares of GBTC by more than 105% since April.
“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.
Since 2009, China and Hong Kong have “banned” or otherwise caused FUD in the crypto space on 18 separate occasions.
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future.
16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels.