Altcoins News
By Maheen Hernandez
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CFTC (Commodities Futures Trading Commission), the primary regulator of LedgerX have favoured them over Bakkt.
2 / 14
Michael Short, the CFTC spokesman, stated the agency “treats all registered entities equally.”
3 / 14
Paul Chou, CEO of LedgerX, has been tweeting serially about how the CFTC broke promises to make backroom dealings.
4 / 14
Recently, LedgerX thought that the CFTC had given them the required clearance to roll out their derivatives; however, CFTC stated, “The firm didn’t have the green light to launch…
5 / 14
The bias of Christopher Giancarlo, the former CFTC chairman, is cited to be the reason behind the firm’s delays.
6 / 14
There was no approval or denial from the commission for over 180 days from the time of the submission.
7 / 14
It has been stated in a letter thus: “We have strong reason to believe that this unreasonable delay is in clear violation of the Commodity Exchange Act is related to the…
8 / 14
Short recently stated about how the erratic behaviour of Paul had the potential to distract from major issues.
9 / 14
The Libra Association is on talks with the EU regulators. Discussions are ongoing about how Libra can work with the regulators.
10 / 14
Perez stated, "What is important is that we need to comply with the regulators, and we need to make sure that they are on board with us and fully comfortable with our solutions."
11 / 14
The Libra association is ramping up their operations, and they will be hiring over the next two quarters providing for compliance and technological development.
12 / 14
Despite a series of security laws, there is a lot of debate about how digital assets should be treated. There is a continuous debate on whether the XRP is a security.
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The Security criteria are based on the Howey Test. The SEC stated, "the first prong of the Howey test is typically satisfied in an offer and sale of a digital asset because…
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During April, the SEC published "Framework for Investment Contract Analysis of Digital Assets.
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