Bitcoin tide is too crazy! Old America finally couldn't sit still
Bitcoin has swept the world, and virtual currency prices have soared. The prediction of a bitcoin and a car has finally come true, but the recent virtual currency has begun to involve various illegal situations of economic circulation, and the situation is not optimistic. According to Reuters, the US Commodity Futures Trading Commission (CFTC) recently announced that it has filed suit against three virtual currency trading platforms, saying that it has defrauded customers and violated the commodity trading rules.
Bitcoin has become a hot topic nowadays
CFTC's prosecution platform included Cabbage Tech, whose founder was involved in the illegal appropriation of user assets; and Entrepreneurs Headquit Ltd, registered in the United Kingdom, accused of carrying out the Ponzi scheme: The responsible person requested more than 600 investors for a value of $1.1 million. Bitcoin promised to invest this money. There is also information about one indicted platform that has not yet been disclosed. This is the first time the CFTC has taken enforcement actions since it allowed the launch of bitcoin futures in December last year.
All countries in the world are gradually releasing their control over Bitcoin.
Governments around the world are discussing how to deal with the risks posed by virtual currencies. This month the Korea Financial Services Commission (FSC) stated that it will deepen its cooperation with Chinese and Japanese regulators to curb speculative trading in digital currencies. France and Germany will submit joint proposals for bitcoin supervision at the G20 summit to be held in March next year; Russia plans to complete the regulatory framework for cryptocurrencies and ICO by July next year.
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