Hong Kong-based trading exchange BitMEX is being investigated by the Commodity Futures Trading Commission (CFTC) for possible illegal activities, such as allowing U.S. users onto its platform. BitMEX does not have a presence in the US market. The investigation is expected to last for months and the basic aim of this probe is to find whether BitMEX broke existing rules by allowing the U.S traders … Continue reading CFTC Investigating BitMEX
The cryptocurrency ecosystem is poised for a major overhaul. Goldman Sachs, the investment bank which has blown hot and cold over bitcoin in recent times, finally confirmed its intentions to enter bitcoin trading last week. In an interview with the New York Times, Rana Yared, Goldman’s managing director of securities, said the firm would begin trading bitcoin in “the next few weeks”. Yared claims to … Continue reading How The Recent Goldman And ICE Announcements Could Reshape The Crypto Industry
