Flights of rhetoric surrounding Facebook’s Libra stablecoin and other digital currencies has reached impressive heights at times. But former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo took it beyond the stratosphere in an October 15 editorial, comparing the launch of an American central bank-backed digital currency to the Apollo 11 mission.
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Bitcoin Ponzi scheme netted $11 million
In condemning the fraud, CFTC Chair Heath Tarbert said digital assets ‘hold great promise for our economy’
In condemning the fraud, CFTC Chair Heath Tarbert said digital assets ‘hold great promise for our economy’
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SEC gives Telegram TON of trouble
U.S. Securities and Exchange Commission lawsuit will delay the Gram cryptocurrency sale scheduled for October 31
In the wake of a lawsuit by the U.S. Securities and Exchange Commission, messaging service Telegram told backers that it would likely postpone the public launch of its Gram token.
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The SEC, CFTC, and FinCen got together to say follow the rules or you'll get trampled. (via Wikimeedia Commons).Three agencies issue direct warning: everyone must comply
Anti-money laundering and terrorism financing laws must be followed; registration with the correct agency is your responsibility
The three main U.S. agencies overseeing cryptocurrencies and digital assets just issued an unusual joint warning. You must comply with anti-money laundering rules and register with us.
