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Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary

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In recent news pertaining to cryptocurrency regulations, French lawmakers are considering a proposed amendment that would introduce a regulatory framework for crypto-asset intermediaries; the U.S. Securities and Exchange Commission (SEC) has announced October 26th as the deadline for the submission of public comments relating to the nine exchange-traded funds (ETFs) it recently rejected; and a … Read more

Bitcoin Price Watch: Is the Currency Likely to Drop in the Coming Days?

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At press time, the father of cryptocurrency has dropped below the $6,500 mark and is now trading for $6,471. This means the currency has now lost approximately 54 percent of its value since the beginning of the year, and market players – particularly bitcoin-based hedge funds – are really starting to feel the heat. The … Read more

CFTC Chair Explains Why US Has Regulated Bitcoin Futures but Not Bitcoin ETFs

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The chairman of the U.S. Commodity Futures Trading Commission (CFTC) has explained why bitcoin futures have been approved in the U.S. but bitcoin ETFs have not. He also shared his thoughts on the future of cryptocurrencies and how they can potentially solve currency-related problems in as much as two-thirds of the world’s countries. Also read: 160 … Read more

Bitcoin Price Watch: Week in Review for the Leading Figure of Crypto

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At press time, the father of cryptocurrency is trading for just shy of $6,600 ($6,575). This is about $100 less than where it stood yesterday. It is unclear if this is some sort of correction attempt on the currency’s part. As we near the end of the week, it’s interesting to see how bitcoin has … Read more

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker

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Three U.S. agencies have taken action against international bitcoin-funded securities dealer 1pool Ltd., aka 1Broker. The Securities and Exchange Commission (SEC) says 1Broker violated federal securities laws. The Commodity Futures Trading Commission (CFTC) says it violated the Commodity Exchange Act. Meanwhile, the company says it is working on letting customers withdraw their funds. Also read: 160 … Read more

SEC Charges 1Broker With Securities Fraud as FBI Seizes Domain

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Government agencies are cracking down on companies who are involved in cryptocurrency. In virtually every case, that is a direct result of said companies not following the necessary guidelines in terms of registered with the proper agencies and filling out the necessary paperwork. 1Broker, the popular Bitcoin futures firm, has had its domain shut down … Read more