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As traders await bitcoin futures, margin requirements are high The Futures Industry Association said in a letter to regulators this week that the trade group of banks and brokers doesn't believe cryptocurrency trading risks have been properly assessed. The concerns included that exchanges failed to get enough feedback from market participants on margin levels, ...
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Hackers Steal More Than $70 Million in Bitcoin More than $70 million worth of bitcoin was stolen from a cryptocurrency-mining service called NiceHash following a security breach, causing the company to halt operations for at least 24 hours. Andrej P. Škraba, head of marketing at NiceHash, said to The Wall Street Journal that approximately 4,700 ...
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Indonesia faces ban against Bitcoin and other forms of cryptocurrency Jakarta – On Thursday, Indonesia's central bank publicly issued a policy regulating cryptocurrencies to protect the country's economy. The policy prohibits financial technology (fintech) companies from using cryptocurrencies "in payment system [and] activities." The regulation was signed Nov. 29, and ...
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US Senate Mulls Reporting Requirements for Cryptocurrencies "Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017," can have serious implications for those involved in the cryptocurrency space. The hearing for S.1241 was held with virtually no public notice on November 28, 2017; the full two-hour hearing can be viewed here.
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Big changes coming as bitcoin futures trading, ETFs launch Cryptocurrency fever was already rampant when Evolve Funds Group Inc. on Sept. 22 announced it was the first company to file a prospectus to offer a Canadian bitcoin exchange-traded fund. Since then, investor frenzy has reached a fever pitch. Over the past two and a half months, bitcoin has more ...
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