Bitcoin was trading around $120 today on Japan's Mt. Gox
Click here to read the full story on FT.com >
Bitcoin has seen a surge in prices over the past month and a half as some Europeans began looking for alternative ways to conduct transactions around faltering banks. As it's added users, it's also gained a higher profile in the business press.
CFTC head Bart Chilton told the paper Bitcoin “is for sure something we need to explore,” adding, "It's not monopoly money."
Another anonymous source said that the regulator is “seriously” examining the issue.
A final decision may hinge on whether traders start creating derivative products from the Bitcoin market, the FT says.
The Financial Times reports exclusively the Commodities Futures and Exchange Commission is studying whether Bitcoin would fall under their purview.
G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
G20 member countries are now looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency, document shows.
According to a statement issued on Sunday,
300 Million User Data from Chinese Delivery Giant Sold For 2 Bitcoins On Dark Web
It is revealed that 300 million pieces of user data from China’s second largest courier SF Express (Chinese version of UPS) were compromised and priced at 2 bitcoins on the dark web.
A post on th
Crypto Exchange Coinbase Forms Political Action Committee
Cryptocurrency exchange Coinbase has formed a Political Action Committee (PAC), according to government documents published Friday night.
A disclosure published by the U.S. Federal Election Commiss
Malta Says Crypto Rules Aren't Yet In Force
Malta's new cryptocurrency regulatory framework has not taken effect just yet.
Three bills regarding cryptocurrencies, blockchain and distributed ledger technology, passed by Maltese Members of Par
Huobi Launches Service to Build Crypto Exchanges in the Cloud
Huobi, the world's third-largest cryptocurrency exchange platform by trade volume, is now offering a business arm to help customers build their own digital asset exchanges.
Dubbed the Huobi Cloud,
CoinMarketCap Announces Changes to Counter Fake Volume Concerns
The popular crypto data tracker CoinMarketCap is instituting changes in light of what it called "concerns" over fake volume figures.
In a blog post, published on July 19, the site said that it had
You Can't Ban Math: Crypto Unites to Call Out Congressman
In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.
On Wednesday, Congress hosted a pair of back-to-back hearings on the topic of cryptocurrencies (read CoinD
TSMC Says Crypto Mining Demand Will Fall in Q3
Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool off during the third quarter of this year.
The company – which manufac