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CFTC eyeing Polymarket, betting platforms amid elections, says chair
18.9.2024
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam
CFTC eyeing Polymarket, betting platforms amid elections, says chair
18.9.2024
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam
‘Explosion’ in election gambling will harm public interest: CFTC
16.9.2024
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
Will Trump and Harris Debate Again? Polymarket Bets Say There’s a 60% Chance
12.9.2024
According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second...
Bitcoin Soars Above $52K, Yet Public Interest Shows Decline, Google Trends Data Reveals
15.2.2024
As bitcoin’s value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90 days reveal the search term “bitcoin” holds a score of 36 out of 100, significantly less...
Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest
27.1.2024
Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash. HM Treasury and Bank of England Respond to Public’s...
DOJ Halts Second Trial Against FTX’s Bankman Fried, Citing Sufficiency of Initial Evidence and ‘Public Interest’
30.12.2023
On Dec. 29, 2023, past 6 p.m. Eastern Time (ET), the Department of Justice (DOJ) conveyed in a letter to Judge Lewis Kaplan its decision to not move forward with a subsequent trial against Sam Bankman-Fried, the ex-CEO of FTX. FTX’s Bankman Fried Avoids Second Trial According to several...
Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions
8.11.2023
Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, suitability as a payment method, environmental impact, competition...
Interest in Bitcoin Soars: Wikipedia Page Records Highest Views in Months
31.10.2023
Online traffic to Bitcoin’s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high. On October 24, the page registered nearly 13,500 visits – the highest daily count since Bitcoin’s price plummeted below $20,000...
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt
18.1.2023
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches and at the same time work to improve the existing...
NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Seizes Crypto Data of Thousands
10.7.2021
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service...
SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF
17.6.2021
The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on Wednesday, the SEC thinks “interested persons” should provide...
Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation
16.6.2021
Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to ignore the public interest. The odds of such an approach not ending well are too high,”...
A Hint From Davos 2021: Regulating Crypto Is ‘in the Public Interest’
25.1.2021
Andrew Bailey, the Governor of the British central bank. Source: A video screenshot, Youtube/Bloomberg Markets and Finance
Andrew Bailey, the Governor of the British central bank, the Bank of England, has told the World Economic Forum that crypto, stablecoins, and digital currency projects...
Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts