REVIEWS

CFTC Shows Force Against Crypto Scammers, but Maintains ‘Do No Harm’ Approach

[ad_1] This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what it means — and how the watchdog has been supporting its stance on cryptocurrencies’ legal status.Are cryptocurrencies commodities or securities? Well, they can be bothThe
Business

Cryptocurrency Markets Mainly See Red, Bitcoin Hovers Below $6,600

[ad_1] Saturday, September 29: crypto markets are mainly seeing red today, with only five out of the 20 top cryptocurrencies by market cap seeing some growth by press time, according to CoinMarketCap. The daily trade volume has dropped below $16 billion, currently amounting to $15.6 billion.Market visualization from Coin360Bitcoin (BTC) has failed to hold $6,700 support, dropping below the $6,600 price point over the day. The top cryptocurrency is down
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CFTC Charges Two Defendants for Defrauding Investors and Impersonation of CFTC Officials

[ad_1] The U.S. Commodity Futures Trading Commission (CFTC) has filed a suit against two defendants for the allegedly fraudulent solicitation of Bitcoin (BTC), according to an official press release published on Friday, September 28.The CFTC’s complaint — filed in the U.S. District Court for the Northern District of Texas — charges the two defendants with running two fraudulent businesses and misleading the public to invest in leveraged or margined foreign
Business

Why Experts Consider the Bill a Failure

[ad_1] Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by July 1 — according to the wishes of President Vladimir Putin — will instead most likely be pushed back until an October Duma session.According to Artem Tolkachev, the self-proclaimed “first” lawyer in the Commonwealth of