Chamber of Digital Commerce Kevin Batteh offers his take on the recent Bitfinex/CFTC settlement.
Hong Kong-based bitcoin exchange Bitfinex has settled with the CFTC following an investigation into its financed trading activities.
Digital currency exchange Bitfinex has added ether trading prior to the release of the Ethereum's next software implementation 'Homestead'.
The price of bitcoin slumped again today after Bitfinex closed its order book, citing issues with its post-trade processing.
Bitcoin's price fell 14% in a period of just 30 minutes following a 'flash crash' on exchange Bitfinex yesterday night.
Bitcoin exchanges Kraken and Bitfinex have indicated they will not be applying for licenses to operate in New York.
Bitcoin traded sideways over the last week, with the price largely unchanged, as the wider macro-economy awaits a possible Greek Eurozone exit.