Digital Currency

CFTC Takes First Action Against Virtual Currency Options Trading Platform

On Thursday, Sept. 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) issued an Order against San Francisco-based Coinflip and its chief executive officer, Francisco Riordan, to resolve allegations that Coinflip conducted activity related to commodity options transactions without complying with the Commodity Exchange Act (CEA) and CFTC Regulations. Specifically, the CFTC…

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Digital Currency to the Rescue: Bitcoins as Solution to Greek Capital Controls

This week Cubits.gr and BTCGreece began a partnership aimed at providing a solution to Greek capital controls. Part of that solution entails supporting voucher payments backed by bitcoin and installing one thousand Bitcoin ATMs throughout the country. Cubits, a UK Registered company founded in 2014, is a Bitcoin platform where…

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