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Federal Judge Opens the Door to CFTC to Regulate Virtual Currency A federal judge issued a 79-page order Tuesday establishing regulatory authority over virtual currency. U.S. District Senior Judge Jack B. Weinstein of the Eastern District of New York issued the opinion granting standing to the Commodity Futures Trading Commission to exercise its enforcement power ...
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Asian shares slide on trade fears after Cohn resignation Against the Swiss franc, which is also seen as a safe haven currency, the greenback declined to trade at $0.9365, compared to levels around the $0.94 handle seen in the last session. The dollar index, which tracks the U.S. currency against a basket of six rivals, slipped around 0.2 percent to 89.425.
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Virtual currencies are commodities, US judge rules Virtual currencies like bitcoin can be regulated as commodities by the U.S. Commodity Futures Trading Commission, a federal judge ruled. U.S. District Judge Jack Weinstein in Brooklyn ruled that the CFTC had standing to bring a fraud lawsuit against New York resident Patrick McDonnell and his ...
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Swiss Franc a Good Foil for Clearer Trade Conditions Few traders would offer the Swiss Franc or any of its various crosses as one of the top currencies/pairs to review on a daily basis for trading. That makes sense as it has been less in command of its own direction and intensity than most other majors. After the SNB's epic monetary policy failure back in ...
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Tyman profit rises 18%, boosted by favorable currency movements Door and window component supplier Tyman posted a rise in annual profits, buoyed by favorable currency movements. Pre-tax profit rose 18% to £34.5m, as revenue gained 14% to £522.7. On a constant currency and like-for-like basis, revenue rose 2%. Underlying operating margins contracted by 60 ...
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