Cryptocurrency is ‘Here to Stay’: CFTC Chairman Giancarlo

Bitcoin may never replace the greenback, but the flagship cryptocurrency could achieve significant adoption in the two-thirds of countries without stable currencies. That statement might sound like a thesis put forward by an early bitcoin adopter, or perhaps a forward-thinking hedge fund manager. In actuality, though, that bullish forecast was issued by J. Christopher Giancarlo, …

CFTC Does Not Regulate Retail Crypto Markets: Chairman Chris Giancarlo

The United States Commodity Futures Trading Commission (CFTC) Commissioner J. Christopher Giancarlo has stated that the agency’s primary remit is not to exercise regulatory jurisdiction over cryptocurrency trading markets and other cash markets, but to deal with fraud and compliance in large futures markets. He made this comment while responding to a question from Rep. …

U.S. Judge Slaps Bitcoin Fraudster with $1.9 Million in Penalties

The United States Commodity Futures Trading Commission (CFTC) has successfully prosecuted a bitcoin fraudster in connection with his criminal bitcoin investment program, which he used to extract hundreds of thousands of dollars from his victims. Announcing the successful case in a press release, the CFTC revealed that on July 9, 2018, Dillon Michael Dean of …

CFTC Issues New Guidance on Cryptocurrency Derivatives

Join our community of 10 000 traders on Hacked.com for just $39 per month. The top US markets regulator has issued new guidance to exchanges and other trading platforms that are interested in listing bitcoin futures and other cryptocurrency derivatives products. The Commodity Futures Trading Commission (CFTC) released this new guidance on Monday, providing exchanges …

Not Everyone’s a Fan of the CFTC Chairman aka ‘Cryptodad’

Join our community of 10 000 traders on Hacked.com for just $39 per month. As commodities regulators go, few have managed to attain the cult following that US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has assembled in recent weeks. However, the markets supervisor — nicknamed “cryptodad” by cryptocurrency enthusiasts — is finding …