On Thursday, the U.S. Securities and Exchange Commission's investment management division director, Dalia Blass, published
his concerns about cryptocurrency market volatility.
Not exact matches
Today, Kattoor raised
concerns about «consumer protection,
market integrity, and money laundering» as well as other issues that surround
cryptocurrencies.
Markets for ether, the
cryptocurrency linked to the ethereum distributed computing platform, were rocked yesterday by a huge flash crash that saw prices fall from over $ 365 down to as low as 10 cents on one exchange before bouncing back shortly afterwards — an event that is mildly worrying for anyone
concerned about cryptocurrency volatility, but has had devastating consequences for some professional traders who have seen their holdings wiped out.
In particular, the organization raised
concerns about leveraged trading of
cryptocurrencies, though it acknowledged that the low correlation between
cryptocurrencies and other assets «suggests that the risk of spillovers from idiosyncratic price moves in crypto assets to the wider
market may be limited at this point.»
While these
concerns have largely surrounded regulation in China, India and South Korea, many are forgetting
about the largest
market for
cryptocurrencies to date, the United States.
«While we have not seen the type of large credit expansions that would be most worrisome for [Federal Reserve] officials
concerned about financial imbalances, there are now some signs of speculative behavior in financial
markets, e.g. the
cryptocurrency boom.»
That would essentially erase any
concerns about a lack of
market safeguards making the
cryptocurrency too unstable or risky.
The head of the Russian Orthodox Church, Patriarch Kirill, has expressed his
concern about the hype surrounding
cryptocurrencies and recognized the need for state control over the
cryptocurrency market.
While crypto CFDs are proving popular for Plus500, Britain's financial regulator has expressed
concern about the appropriateness of these instruments in the
cryptocurrency market.
Radocchia noted there was some
concern that
cryptocurrency markets could «take a hit» without net neutrality protections, but said she was «largely optimistic
about the staying power of the underlying technology.»
«The Commission temporarily suspended trading in the securities of ARSC because of questions that have arisen regarding publicly available information
about the company in press releases on OTCMarkets.com, dated August 1, and August 8, 2017,
concerning, among other things, the company's business transition to the
cryptocurrency markets and early adoption of blockchain technology.»
Market regulators have voiced
concerns about the lack of a centralised authority over the
cryptocurrency, which makes it difficult to control or monitor transactions.
Concerns have been building
about regulation of
cryptocurrencies and the role of
cryptocurrency Tether in the
market.
Privacy coins are a growing sector of the
cryptocurrency market, especially with growing
concerns about potential bans, tracking, and monitoring of use in certain regions.
ESMA expressed «
concerns about the integrity of the price formation process in underlying
cryptocurrency markets,» arguing that such «makes it inherently difficult for retail clients to value these products.»
In response to the SEC's
concerns about crypto ETFs, which mainly revolve around liquidity, valuations, custody and arbitrage, Concannon offered an explanation to why Cboe believes they can successfully offer investors ETPs based on
cryptocurrency markets.