CFTC Fines JPMorgan with $65 Million For Manipulating USD Index

The Commodity Futures Trading Commission (CFTC) has recently announced that JPMorgan traders have been trying to manipulate the US Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX) for five years, between the years 2017 and 2012….

The BIS (Bank of International Payments) give their opinion about cryptocurrencies

The fact that banks do not like cryptocurrencies is not something that surprises anyone. If someone sees that their power to manage money at will is at risk, they will at least show a bit of nervousness, that on July 17 resulted in a statement from the…

Swiss Banking Authority Warns that Bitcoin Is Impractical and an Environmental Disaster

In its latest warning about the burgeoning cryptocurrency sector, the Bank of International Settlements (BIS) stated on June 17, 2018, that cryptocurrencies are not scalable and “are likely to face a breakdown in trust” as the number of people using di…

Circle Internet Financial CEO Jeremy Allaire Says All Currencies will be Cryptocurrencies

Goldman Sachs’ Circle CEO Jeremy Allaire Claims All Global Currencies Will Become Cryptocurrencies
Fiat currencies and cryptocurrencies will eventually be the same thing, according to a statement by the CEO of a Goldman Sachs-backed startup.
“Our vie…

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