Search the Community
Showing results for tags 'cftc'.
Found 5 results
Minimum search term is 4 characters long. Can't find what you want? Click here for the custom google search instead.
The search for real value in blockchain technology is afoot! We've all been there; searching through any evidence for a good investment, trying to separate online hype from reality. In this blog, I describe some of the recent progress Ripple has made with their banking clients & cover some recently-released videos, including on in which David Schwartz sits down for a joint interview. On the community front, there are a couple high-profile events to discuss as well, with the main one being the new symbol for XRP! Hope you enjoy the read & please leave any feedback below. Also, feel free to share my blog with a friend or on any other platform - and thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
I vote we go with the CFTC for regulation https://www.ccn.com/cryptocurrency-a-modern-miracle-not-going-away-cftc-commissioner/ "One of the top market regulators in the US said this week that cryptocurrency is a “technological revolution” that will one day be a part of every national economy." "Speaking on Monday before the BFI Summit at the United Nations, Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam discussed challenges faced by the agency as it regulates industries associated with the nascent blockchain field. However, far from denigrating this technology as a tool for criminals, he heaped copious praise upon it for its ability to positively transform the financial sector." “But virtual currencies may – will – become part of the economic practices of any country, anywhere. Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet,” he said, adding: “We are witnessing a technological revolution. Perhaps we are witnessing a modern miracle.” (Bold is mine)
We have heard Brads thoughts regarding tokens and the recent NY ruling that Cryptocurrencies are commodities with CFTC oversight should pave the way for a regulated legitimate exchange in 2018. Coinbase will soon become a non factor. https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading http://www.tradersmagazine.com/news/cryptocurrencies/the-chx-is-a-target-for-cryptocurrency-exchanges-117381-1.html?pg=1ET=tradersmagazine:e3632:4768835a:&st=email https://www.coindesk.com/us-judge-rules-cryptocurrencies-are-commodities-in-cftc-case/
Lately, regulation of crypto has taken center stage. In this blog entry, I talk about government attempts to reign in the more chaotic parts of crypto without killing the golden goose. I cover the latest information out of India, South Korea, and from the US Senate hearing on Tuesday. Hope you enjoy & please leave any feedback below. Please feel free to share my blog with a friend or on other media - & thanks for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
Not sure if anyone posted it yet... https://www.banking.senate.gov/public/index.cfm/2018/2/virtual-currencies-the-oversight-role-of-the-u-s-securities-and-exchange-commission-and-the-u-s-commodity-futures-trading-commission