The legal challenge concerns a relatively unknown cryptocurrency, My Big Coin, which the CFTC alleges has been involved in a fraud estimated at $6 million.
The U.S. Commodity Futures Trading Commission has contacted several cryptocurrency exchanges, ordering them to turn over trading data.
The U.S. Commodity Futures Trading Commission reportedly rejected an FOIA request for the subpoenas that were allegedly issued to cryptocurrency exchange Bitfinex and ‘stablecoin’ Tether.
The DOJ is reportedly looking into certain practices that affect prices, including the flooding of the market with fake orders in an attempt to convince investors to sell or buy more cryptocurrency.
The U.S. Commodity Futures Trading Commission has published an intriguing advisory for clearing houses and exchanges about assessing as well as listing cryptocurrency derivatives products.
U.S. regulators are set to decide the regulatory fate of ETH and XRP, a decision that will definitely affect most cryptocurrencies in existence—except Bitcoin.
Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC), has announced his intention to retire following the completion of his current term in 2019.
Citing the Howey Test, former Commodity Futures Trading Commission chief Gary Gensler said Ethereum and Ripple tokens could be “operating outside of U.S. laws.”
By the time the ink dried on the federal budget, the CFTC saw its funding reduced by a staggering $1 million.
CFTC general counsel Daniel Davis told staff that they can trade digital tokens like they would corn, oil, precious metals, and other commodities.
While there has been a pullback in the past couple of weeks, cryptocurrencies will soon witness another growth spurt.