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Gemini Settles CFTC Case with $5 Million Agreement Over Misleading Statements

Gemini Trust Co. agrees to a $5 million settlement with the CFTC, resolving allegations of misleading statements during its bid for a Bitcoin futures contract. CFTC: Background of the Case The Commodity Futures Trading Commission (CFTC) has resolved its lawsuit against Gemini Trust Co., a cryptocurrency exchange founded by Cameron and Tyler Winklevoss. Bloomberg reported…

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CME Group Set To Launch Bitcoin Futures

The CME Group, the world's largest derivatives exchange, has confirmed the completion of their self-certification with the Commodity Futures Trading Commission, which paves the way for the listing of Bitcoin futures contracts on December 18th. The CME is poised to add Bitcoin to its diverse range of futures and options that also include agricultural products, energy,…

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