Breaking: US Regulator Investigating Crypto Exchange BitMEX — Report

Breaking: US Regulator Investigating Crypto Exchange BitMEX — Report

Suspicions are reportedly focusing on U.S. users circumventing a ban on trading. United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX.CFTC wants to know if Americans using BitMEXAccording to Bloomberg sources citing people familiar with the matter speaking on July 19, the CFTC suspects that BitMEX allowed U.S. residents to use its platform to trade.Under current law, the U.S. is one of the countries excluded from using BitMEX,…

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Arthur Hayes on Financial Privacy and the Possibility of BTC Hard Fork

Arthur Hayes on Financial Privacy and the Possibility of BTC Hard Fork

BitMEx’s Arthur Hayes explained to Cointelegraph the importance of financial privacy in detail and predicted that Bitcoin should hard fork in order to be fully anonymous. At the Tangle in Taipei on July 3, American economist and crypto sceptic Nouriel Roubini (aka “Dr. Doom”) and BitMEX CEO and co-founder Arthur Hayes didn’t agree on anything except that “Facebook’s Libra is not cryptocurrency.” One of the reasons on that is, while Roubini took for granted…

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‘PayPal is F*cked’: BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’

‘PayPal is F*cked’: BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’

Arthur Hayes claimed that even if Libra has limited success, PayPal in particular has no chance of succeeding. Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO of derivatives giant BitMEX thinks. Arthur Hayes made the comments in a new interview with Taiwanese news network BlockTempo TV on July 9.Speaking during this year’s Asia Blockchain Summit (ABS), Hayes made grim forecasts for both banks…

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