“The U.S. derivatives regulator is studying whether it should regulate electronic currencies such as bitcoin, its chief said on Tuesday, as regulators across the globe start taking the emerging technology more seriously. ‘We are looking into that,’ Mark Wetjen, acting chairman of the Commodity Futures Trading Commission, told journalists after giving a speech at an industry conference. ‘It’s been initiated, there’s been an internal discussion at the staff level.’ Wetjen said the CFTC, which regulates swaps and futures, has broad authority to counter manipulation of commodity markets, and it is studying whether bitcoin falls under those rules.”
http://in.reuters.com/article/2014/03/11/bitcoin-regulation-idINDEEA2A0FL20140311
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
U.S. Regulators Mull Yanking Access To USD As Punishment For Banks
H.K. issues Vietnam travel warning after mobs torch Chinese factories
Chief Justice Roberts Is Awesome Power Behind FISA Court
Farm subsidies on the rise in the world’s biggest economies
‘Robin Hood’ band of ‘left-wing activists’ nabs school supplies from shop
Honduras 'no longer functioning' after plunging over fiscal cliff
U.S. deficit now projected to top $1 trillion starting next year
An Afghan Mystery: Why Are Large Shipments of Gold Leaving the Country?
Adam Kokesh Interviewed from Jail: "I'll Run For President To Abolish The U.S. Government"
The top five myths about Guantánamo Bay
French-led forces in Mali take Timbuktu airport, enter city
WSJ: How MDMA Went From Club Drug to ‘Breakthrough Therapy’
Pentagon Needs Battle Plan for Troop-Suicide Threat
German customs demands $500,000 from Japanese player for violin
He plowed his field; now he faces a $2.8 million fine