Category: Clearing

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US Regulator Issues Warning for Firms Providing Clearings Services for Crypto

May 30, 2023

A US regulator warned firms on Tuesday of the risks that come with the clearing of digital assets.   The US Commodity Futures Trading Commission issued an advisory titled, “Review of Risks Associated with Expansion of DCO Clearing of Digital Assets.”   Derivatives clearing organizations, or DCOs, are registered with the CFTC and provide clearing services…
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Average Bitcoin Transaction Fees Skyrocket to $19.20 per Transfer as Over 440,000 Transactions Remain Unconfirmed

May 8, 2023

Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed transactions are currently awaiting confirmation. Block Reward Dethroned: Bitcoin Transaction Fees Surpass Mining Subsidy for the…
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