BitMEX Investigation by the CFTC Seems to Spawn from Wide Differences of Outflows and Inflows

After Bloomberg recently announced that BitMEX’s exchange is under investigation with the CFTC, the cryptocurrency community started scrambling. The website posted an anonymous source, who stated that the investigation was due to accusations over offering Bitcoin derivatives and future products. While these offers would not ordinarily warrant in the investigation, Read more…

German Central Bank Comes Out in Favor of Libra

The German central bank chief Jens Wiedmann said in a recent statement to the press that Facebook’s Libra could be “attractive to consumers.” Although most central banks have been hesitant and sometimes outright dismissive towards Facebook’s planned cryptocurrency, Germany’s central bank chief feels differently. “There’s no reason to be alarmed,” Read more…

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