Tagged: cftc

May 17, 2017 @ 4:02 pm By JD Alois  |  

The US Commodity Futures Trading Commission (CFTC) will embark on a “major Fintech initiative” with the creation of LabCFTC. The venture was launched to promote responsible Fintech innovation and to encourage competition in the markets the CFTC oversees. “Simply put, LabCFTC is intended to help… Read More

September 24, 2015 @ 3:50 pm By JD Alois  |  

The U.S. Commodity Futures Trading Commission (CFTC) has settled charges against TeraExchange for “failing to enforce its prohibition on wash trading and prearranged trading on a Swap Executive Facility (SEF) platform”.  According to the CFTC, Tera, a provisionally registered SEF, failed to enforce a prohibition… Read More

September 17, 2015 @ 4:21 pm By JD Alois  |  

The US Commodity Futures Trading Commission has told SanFrancisco based Derivabit (aka Coinflip) to cease operating as a trading platform for processing swaps in Bitcoin.  This is the first action against an unregistered Bitcoin options trading platform and draws a line for other possible derivative cryptocurrency platforms. Coinflip and… Read More