Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
The past actions of bad actors has forced the country’s regulators to take a tough stance on crypto exchanges.
The past actions of bad actors has forced the country’s regulators to take a tough stance on crypto exchanges.
“Things are much more encouraging, even though this is clearly a time of pain,” said Wave Financial’s head of business development Mike Jones.
Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility.
After Aug. 10’s neutral CPI print, Bitcoin and altcoins are attempting to flip stiff overhead resistance levels to support in order to prepare for the next leg up.
It’s not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on users’ funds.
BTC futures data shows bulls are not sure that Bitcoin price will hold above $24,000, but range-bound action could help them profit from Friday’s $475 million options expiry.
Ethereum co-founder Vitalik Buterin proposed a way to anonymize NFT transactions using smart contracts.
The Ethereum scaling solution has surpassed $1 billion in total value locked within a matter of weeks.
The two U.S. financial regulators cited the growth in the hedge fund industry as the reason for the proposed change, due in part to digital asset investments becoming more common.
Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies.