• BTC 6,599.99$ (-0.59)
  • ETH 210.04$ (-0.72)
  • XRP 0.46$ (1.53)
  • LTC 54.88$ (-0.11)
  • XMR 106.85$ (0.69)

Tag: CFTC

October 4, 2018

CFTC Reveals That The Federal Court Classifies Virtual Currencies As Commodities, Not Securities 

The Commodity Futures Trading Commission (CFTC) brings a massive announcement for the cryptosphere. The Federal Court decided that digital currencies are commodities. The Court also denied defendants’ motion to dismiss in the commodity fraud case that involves the virtual coin My Big Coin. Back on September 26, Senior Judge Rya W. Zobel of the U.S. … Continue reading “CFTC Reveals That The Federal Court Classifies Virtual Currencies As Commodities, Not Securities “

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March 19, 2018

US Regulators Strike Back at Cryptocurrency

The cryptocurrency asset class is now undoubtedly in a bear market. Falling over 75% in market capitalization from January to February, crypto tried to stage a reversal but was pushed back by massive selling pressure in March. Bitcoin (BTC) and Ether (ETH) were unable to rally to the $12,000 and $1,000 levels, and bearish momentum … Continue reading “US Regulators Strike Back at Cryptocurrency”

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