Browsing the "Commodities" Tag

Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live

| Yogita Khatri

A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.

Shell, BP Back Blockchain Platform to Modernize Commodities Trading

| Yogita Khatri

Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.

Indonesian Regulator Gives Green Light for Crypto Futures Trading

| Wolfie Zhao

Indonesia's futures watchdog has reportedly ruled that cryptos are commodities that can be traded on the country's futures exchange. 

Cryptos Are Commodities, Rules US Judge In CFTC Case

| Wolfie Zhao

A U.S. district judge has backed the U.S. Commodity Futures Trading Commission in defining cryptocurrencies as commodities.

bitcoin, dollars

US Commodities Regulator Proposes Definition for Cryptocurrency ‘Delivery’

| Stan Higgins

The CFTC has published a proposed interpretation of how it will deem that a cryptocurrency has been "delivered" from a buyer to a seller.

CME Explores Logging Trade Transactions on Blockchain System

| Nikhilesh De

The Chicago Mercantile Exchange has filed for two patents outlining a blockchain system that stores and automatically executes financial transactions.

fuel tanker, oil

Overtaking Banking in the Race to Blockchain

| Noelle Acheson

Blockchain progress in the energy industry could give banking applications a run for sector supremacy, CoinDesk's Noelle Acheson argues.

commodities, trading

Post-Trade Tech Firm Seeks to Build Commodities Blockchain Consortium

| Pete Rizzo

Post-trade services firm Kynetix is seeking to assemble a consortium of commodities market stakeholders to explore the use of blockchain tech.

Washington DC

Bitcoin as a Commodity: What the CFTC’s Ruling Means

| Jared Paul Marx

Attorney Jared Marx discusses a recent ruling by the United States Commodities Futures Trading Commission, which saw it label bitcoin as a commodity.

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Bitreserve Users Can Now Peg Bitcoin to New Metals and Swiss Franc

| Yessi Bello Perez

Bitreserve has added three new precious metals, a sixth currency option and five new languages to its bitcoin storage platform. Having introduced…