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US Commodities Regulator Proposes Definition for Cryptocurrency 'Delivery' The U.S. Commodity Futures Trading Commission (CFTC) has published a proposed interpretation of how it will deem that a cryptocurrency has been "delivered" from a buyer to a seller. The agency – which more than two years ago announced that it would regulate bitcoin as a kind of commodity – gave ...
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City watchdog casts an eye over cryptocurrency fundraisers Last month, the FCA had also warned about these products, telling the public: "You should be aware of the risks involved and fully consider whether investing in cryptocurrency CFDs is appropriate for you." However, the regulator also wants to encourage the financial technology sector, known as fintech.
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Bitcoin: New Financial System or Same Old Boys' Club? As the price of Bitcoin soared to record highs this week—$10,000, $15,000, then $17,000—the meteoric rise that turned early investors into paper billionaires fueled talk of how the cryptocurrency and its underlying technology, blockchain, could wholly remake the banking system. As MIT researchers ...
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South Korea Moves to Regulate Domestic Bitcoin Trading, Exchanges Since late November 2017, South Korea has looked to regulate cryptocurrency trading in domestic exchanges, including Bithumb, Coinone and Korbit, The Korea Herald reports. Now, trying to tame the wave of wild cryptocurrency speculation in the country, South Korea is imposing trade bans for minors ...
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Viberate Rolls Out System that Allows Music Fans to Earn Cryptocurrency Tokens Viberate has rolled out a new system that allows music fans to earn cryptocurrency tokens. Viberate is a crowdsourced live music ecosystem and a blockchain-based marketplace, where musicians are matched with booking agencies and event organizers. The aim is to list and map the global live music ...
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