Commodities
Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live
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
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
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
A U.S. district judge has backed the U.S. Commodity Futures Trading Commission in defining cryptocurrencies as commodities.
US Commodities Regulator Proposes Definition for Cryptocurrency 'Delivery'
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
The Chicago Mercantile Exchange has filed for two patents outlining a blockchain system that stores and automatically executes financial transactions.
Overtaking Banking in the Race to Blockchain
Blockchain progress in the energy industry could give banking applications a run for sector supremacy, CoinDesk's Noelle Acheson argues.
Post-Trade Tech Firm Seeks to Build Commodities Blockchain Consortium
Post-trade services firm Kynetix is seeking to assemble a consortium of commodities market stakeholders to explore the use of blockchain tech.
Bitcoin as a Commodity: What the CFTC’s Ruling Means
Attorney Jared Marx discusses a recent ruling by the United States Commodities Futures Trading Commission, which saw it label bitcoin as a commodity.
