CFTC
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CFTC: As of the week ended March 17, speculators held 41 net long positions in Bitcoin
On March 17th, the US Commodity Futures Trading Commission (CFTC) said that as of the week ended March 17th, speculators held 41 net long positions in Bitcoin. (Jin Shi) Interpretation of this information: The US Commodity Futures Trading Commission (CFTC) has reported that as of the week ending March 17th, Bitcoin speculators held a net long position of 41. This suggests that investors are bullish about the future of Bitcoin and are willing to bet on its potential price increase. Bitcoin is a decentralized digital currency that was created in…
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CFTC appointed executives from Circle, TRM, Fireblocks and other companies to join the new technology advisory group
It is reported that the Commodity Futures Trading Commission (CFTC) announced that Carole House, a former White House official, was the new chairman, and Ari Redboard of TRM Labs, a blockchain analysis company, was the vice chairman of its technical advisory committee. The CFTC released a list of members to the committee on Monday, announcing that the committee has been newly established and sponsored by Christy Goldsmith Romero, a member who took office last March. The Technical Advisory Committee was previously sponsored by Brian Quintenz, a former CFTC commissioner, who…
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CFTC Chairman of the United States: Ethereum is the second largest cryptocurrency after Bitcoin and is a commodity
It is reported that Rostin Behnam, chairman of the United States Commodity Futures Trading Commission (CFTC), said that Ethereum is the second largest cryptocurrency after Bitcoin and is a commodity. Rostin Behnam disagrees with Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), who said that “all cryptocurrencies except Bitcoin should be classified as securities”. Rostin Behnam and his SEC counterparts parted ways on the federal jurisdiction of ETH. (decrypt.co) Interpretation of this information: In a recent report by Decrypt, Rostin Behnam, the Chairman of the United States Commodity…
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Lawyer of Blockchain Association: Gensler’s remarks or opinions are not laws, and SEC has no right to supervise any of them
According to reports, Gary Gensler, chairman of the United States Securities Commission, reiterated in a recent interview with New York magazine (NYMAG) that all encrypted assets and all transactions are subject to the United States securities law, except for Bitcoin spot transactions. Interpretation of this information: The message states that the chairman of the United States Securities Commission, Gary Gensler, has stated in an interview with New York Magazine that all encrypted assets and transactions are subject to US securities law, with the exception of Bitcoin spot transactions. This interpretation…
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Gemini faces criminal investigation by the prosecution of the United States in the CFTC lawsuit
On February 14, according to a court document, the former senior executive of Gemini Trust Co, a crypto exchange, was the subject of a criminal investigation that has now ended. The investigation was carried out around the company’s first launch of a US-related Bitcoin futures contract. The focus of this investigation is the core issue of a civil case filed by the United States Commodity Futures Trading Commission (CFTC) in June last year. CFTC accused Gemini of making false and misleading statements when answering questions about futures contracts linked to…