# US crypto derivatives merchants need to leave customer funds alone, says CFTC

# US crypto derivatives merchants need to leave customer funds alone, says CFTC

“# US crypto derivatives merchants need to leave customer funds alone, says CFTC ” Per guidance released Wednesday evening, the Commodity Futures Trading Commission (CFTC) is advising businesses trading in crypto derivatives to hold customer funds very carefully. The new guidance continues the CFTC’s interest in carving out rules for custodianship of virtual currencies — an area obviously…

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# JPMorgan says Bitcoin slightly overvalued as a commodity

# JPMorgan says Bitcoin slightly overvalued as a commodity

“# JPMorgan says Bitcoin slightly overvalued as a commodity ” Multiple JPMorgan Chase experts analyzed Bitcoin’s current price when compared to other commodities, and noted that the asset could see selling pressure ahead.  “The JPMorgan strategists said they calculated an intrinsic value by effectively treating Bitcoin as a commodity and looking at the marginal cost…

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