Bitcoin has 'elements of all of the different asset classes,' CFTC chairman says

The ecosystem around bitcoin is still changing, but U.S. Commodity Futures Trading Commission Chairman J. Christopher Giancarlo said the popular cryptocurrency is part currency, part security and part digital coin. "Bitcoin and a lot of its other virtual currency counterparts really have elements of all of …
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Crypto Regulator CFTC Chairman Takes Funding Cuts “Incredibly Personally” (news.bitcoin.com)

The United States’ Commodity Futures Trading Commission (CFTC) has received a $ 1 million USD budget cut. The announcement has come following the CFTC Chairman, Christopher Giancarlo requested an increase in the regulator’s budget of 12 percent.
Also Read: 80,000 New Merchants in Europe Gain Option to Accept Crypto

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CFTC Indicates Hedge Funds Expect Bullish Bitcoin Price Momentum

Bitcoin futures have not made an immediate impact on the market as of yet. That situation may come to change a lot sooner than people realize. Multiple hedge funds are currently looking at these futures contracts in a positive light. More specifically, new figures indicate we will see some bullish …
Google Alert – bitcoin