CFTC

CFTC Orders Former Virtual Currency Trader to Pay…

Washington, DC — The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Joseph Kim (Kim), of Phoenix, Arizona, requiring Kim to pay more than $1.1 million for a fraudulent Bitcoin and Litecoin…

MyCrypto

MyCrypto Raises $4m to Build Gateway for Cryptocurrency…

[caption id="attachment_315671" align="alignleft" width="189"] Olaf Carlson-Wee, Founder & CEO of Polychain Capital[/caption] MyCrypto, an open-source interface that simplifies the process of storing, sending, and receiving digital assets, has raised $4 million in a Series A…

AlphaPoint Appoints Srikant Manda as its First Chief…

[caption id="attachment_314286" align="alignleft" width="169"] Srikant “Sri” Manda, AlphaPoint Chief Information Security Officer[/caption] AlphaPoint, global blockchain company and the provider white-label cryptocurrency exchange platform has announced the appointment of experienced cyber security expert Srikant “Sri” Manda as…

CySec: Introduction of new rules governing derivatives on…

A. INTRODUCTION Further to the European Securities and Markets Authority’s (“ESMA”) decision on 27 March 2018 to include Contracts For Differences (“CFDs”) on virtual currencies into the scope of its product intervention measures, CFDs on virtual…

BaFin publishes advisory letter on the classification of…

For some time now, BaFin has been receiving an increasing number of queries enquiring whether tokens and virtual currencies (referred to as ”tokens“) marketed to investors in initial coin offerings (ICO's) are considered to be financial instruments.…