Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18762. (Read 26710632 times)

It appears you may be a paid shill using a proxy service and accidentally gave that away...

It appears you may be a paid shill using a proxy service and accidentally gave that away...

Announcements > Bitfinex and CFTC reach settlement

June 02, 2016

Today, the United States Commodity Futures Trading Commission (CFTC) issued an order instituting proceedings against BFXNA Inc. (BFXNA), an entity that conducts business with U.S. customers through the website www.bitfinex.com. In the order, the CFTC accepted BFXNA’s offer of settlement to resolve certain alleged violations of the U.S. Commodity Exchange Act (the Act). A copy of the order is here. In the order and settlement, the CFTC found that BFXNA violated sections 4(a) and 4d(a) of the Act. BFXNA neither admits nor denies the CFTC findings in the order and settlement.

Bitfinex proactively contacted the CFTC in September 2015—before the CFTC announced enforcement action involving bitcoin trading platforms—to provide information about Bitfinex related to a potential investigation. According to the order, "Bitfinex’s cooperation with the Commission’s investigation was significant … Bitfinex consistently responded to requests for information fully and quickly, both in writing and via oral presentations."

In response to these constructive discussions with the CFTC’s Division of Enforcement, BFXNA has made significant changes to the way in which U.S. customers engage in financed trading on Bitfinex. Bitfinex remains committed to continually improving its customers’ experience while complying with applicable laws and regulatory requirements.

In closing, we are pleased to announce this settlement with the CFTC. The CFTC has engaged in a productive, open, and timely dialogue with us, and, as a result, we believe we have a better understanding of the regulatory framework governing financed trading on our platform. The Division of Enforcement has demonstrated that, while they will work diligently to enforce existing rules even as they apply them to new markets, they also are sensitive to innovation and development in sectors that the CFTC regulates.

We look forward to providing best-in-class service to U.S. customers. We will continually work to make our customers’ experience safer and better.

All your money won't another minute buy.

Bitcoin Block Reward Halving Countdown:
Only 38 more days!

Then I see one of your signature links is to a racist nutter.

WHY, BITCOIN??!? WHYYYYYY?!?!?!!??!?!?!?!?!?!?!??!!(!)

Gosh... 

it seems most french bitcoiners are basically racist. olivier jannsen is the most prominent example but you can also witness that here at BTT.

it seems in france only france nationale nutters seem interested in bitcoin. probably a result of france being one of the most socialist countries in europe.
 
edit: otoh le pen openly rejects bitcoin as a "tool of wallstreet"  

Don't get me wrong, I do like a big block. But I think it's a pathetic indictment of all sides that useful stuff like segwit has to be held to ransom to get other changes through. And I will forever believe that r/btc is filled with freaks.

Oh, man!

I really like your posts. Then I see one of your signature links is to a racist nutter.

WHY, BITCOIN??!? WHYYYYYY?!?!?!!??!?!?!?!?!?!?!??!!(!)

And once the discussion of Segwit has started it will be implemented no matter how much whining takes place.
Developers need time.

They are not restless like us.

I can understand why it takes time, but my prime annoyance would be others holding its implementation hostage to force other changes. I read one of the Chinese pools were saying they wouldn't drop it in without a block size increase too. No doubt there'll be the r/btc freaks clubbing together to fuck things up too. Then we have another few years of pointless dicking around and playground diplomacy.

Don't get me wrong, I do like a big block. But I think it's a pathetic indictment of all sides that useful stuff like segwit has to be held to ransom to get other changes through. And I will forever believe that r/btc is filled with freaks.

Don't get me wrong, I do like a big block. But I think it's a pathetic indictment of all sides that useful stuff like segwit has to be held to ransom to get other changes through. And I will forever believe that r/btc is filled with freaks.

Jihan of Bitmain says he won't activate segwit until a HF to 2MB for activation in July 2017 is released by core. You should be thanking him for calling Blockstream's bluff (the HK Agreement farce). If miners continued to have zero spine, you really will have 1MB4EVA with all kinds of soft fork cruft and kludges to do whatever is best for Blockstream's products and interests.

pointless dicking around and playground diplomacy.