Search
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...
Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty
Visa CEO Leaves Door Open for Libra Return, Says Bitcoin Is Commodity
19.5.2020
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
Payments giant Visa has suggested that its foray into digital currencies is not over, and – although it is still distancing itself from cryptocurrencies – has admitted that it is open to the idea of returning to Facebook’s Libra...
CFTC Approves New Cryptocurrency Derivatives Platform — Bitnomial to Offer Regulated Bitcoin Futures
21.4.2020
The U.S. Commodity Futures Trading Commission (CFTC) has approved a new bitcoin derivatives trading platform. Bitnomial Exchange will list margined and physically delivered bitcoin futures and options. Besides Bitnomial, the CFTC has only approved a handful of other platforms to offer bitcoin...
Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
9.4.2020
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives...
Market Update: Plustoken BTC Moves, Crypto Prices Dive, Coronavirus Cripples Global Markets
9.3.2020
Cryptocurrency markets lost more than $30 billion in the last 24 hours as digital asset prices have been slashed alongside traditional stock and commodity markets. Further, crypto proponents have spied Plustoken bitcoins on the move again and speculators assume that 13,000 BTC ($102M) might have...
XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins
10.2.2020
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in...
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
20.1.2020
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit...
Erisx Launches Regulated Bitcoin Futures Market
18.12.2019
Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. Erisx has obtained a license from the U.S....
US Congress Weighs Bill Spelling Out CFTC’s Crypto Derivatives Oversight
6.11.2019
If passed, the bill would be the first to place Congressionally-mandated, digital commodity-specific requirements on the CFTC
Trump Administration Popped 2017 Bitcoin Bubble, Ex-CFTC Chair Says
22.10.2019
"We saw a bubble building and we thought the best way to address it was to allow the market to interact with it," said Christopher Giancarlo
US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next
10.10.2019
New U.S. CFTC chairman Heath Tarbert believes that Ether is a commodity and that ETH futures are next
CFTC Chairman Confirms Ether Cryptocurrency Is a Commodity
10.10.2019
CFTC Chairman Heath Tarbert has just said ether, the world's second-largest cryptocurrency by market cap, is a commodity not a security
LedgerX Claims ‘Personal Animus’ Drove Ex-CFTC Chair to Stall Approvals
28.9.2019
LedgerX claims former CFTC Chairman Christopher Giancarlo threatened the company for personal reasons, two letters obtained by CoinDesk reveal
North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
19.9.2019
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
US Exchanges Race to Launch Regulated Physically-Delivered Bitcoin Futures
9.8.2019
The race to launch regulated physically-delivered bitcoin futures is back on for three US-regulated trading platforms after one of them hit a snag with the country’s derivatives regulator, the Commodity Futures Trading Commission. Two other exchanges are racing to launch similar products this...
How to Become a Blockchain Developer
7.8.2019
Skilled blockchain developers are a scarce commodity, as precious as the bitcoins that reside on the distributed ledgers they maintain. Teach yourself one of the major blockchain programming languages and you’ll be set for life, though like anything worth having, this achievement won’t...
Georgia Exempts Crypto Trading from VAT, Agrees that Crypto is Currency and Not Commodity
13.7.2019
It has been a long debate among regulators worldwide on whether cryptocurrencies should be regarded as commodities like Gold and Silver or as currencies like USD and GBP. The question is particularly important because it decides the future of crypto and crypto trading. Taking a stand on the matter...