Smart Contract Devs Liable for How dApps are Used: CFTC’s Quintenz

One of the top markets regulators in the United States said yesterday that he believes smart contract developers should in some instances be held liable when their blockchain applications are used in conjunction with illegal activities. Brian Quintenz, a commissioner at the Commodity Futures Trading Commission (CFTC), made this statement on Monday at the GITEX The post Smart Contract Devs Liable for How dApps are Used: CFTC’s Quintenz appeared first on CCN

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CFTC Cracks Down Harder on Cryptocurrency Fraud Under Trump

The Commodity Futures Trading Commission (CFTC) has bolstered its police actions in the last fiscal year, driven largely by cryptocurrency cases, according to The Wall Street Journal. Under President Trump, the federal derivatives market regulator levied about $900 million in civil penalties in 2018 alone, exceeding the annual amount in five of the eight years The post CFTC Cracks Down Harder on Cryptocurrency Fraud Under Trump appeared first on CCN

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CFTC Issues New Warning on Utility Tokens & Other Cryptocurrencies

The United States Commodity Futures Trading Commission (CFTC) has issued another warning to consumers, advising them to exercise caution and carry out comprehensive research before investing in any cryptocurrencies, including those advertised as utility coins or consumption coins. The alert, which came in the form of a Customer Advisory warning posted on the CFTC website The post CFTC Issues New Warning on Utility Tokens & Other Cryptocurrencies appeared first on CCN

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Cryptocurrency a ‘Modern Miracle,” Not Going Away: CFTC Commissioner

One of the top market regulators in the US said this week that cryptocurrency is a “technological revolution” that will one day be a part of every national economy. Speaking on Monday before the BFI Summit at the United Nations, Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam discussed challenges faced by the agency as The post Cryptocurrency a ‘Modern Miracle,” Not Going Away: CFTC Commissioner appeared first on CCN

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