Bitcoin ‘Like Gold’ but Not Ideal as Medium of Exchange: CFTC Chairman

News – CCN

bitcoin ‘Like Gold’ but Not Ideal as Medium of Exchange: CFTC Chairman

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo said that bitcoin bears several similarities to gold, although it has elements of many different asset classes. Giancarlo, to whom many cryptocurrency enthusiasts affectionately refer as “Cryptodad” due to his willingness to engage with the nascent industry with an open mind, said during an interview with … Continued

The post Bitcoin ‘Like Gold’ but Not Ideal as Medium of Exchange: CFTC Chairman appeared first on CCN

more info…

You might be interested in …

April 25, 2019

India Considers Complete Ban on Digital Currencies

India Considers Complete Ban on Digital Currencies A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government, local media outlet The Economic Times reported on April 25. […]

February 15, 2019

Indonesia’s New Futures Trading Law Cause Controversy

Indonesia’s New Futures Trading Law Cause Controversy Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019. […]

February 14, 2019

Blockchain on Strengthening the Government’s Credibility

Blockchain on Strengthening the Government’s Credibility Patrick Byrne, CEO of Overstock.com, the first major online retailer to accept bitcoin as a form payment, told MarketWatch on February 12 that blockchain can make government “super efficient, […]