Pantera’s general counsel joins CFTC staff as commission work recenters around crypto

A former legal leader from the crypto world is joining the Commodity Futures Trading Commission (CFTC). 

On July 26, CFTC Commissioner Christy Goldsmith Romero announced that she has hired Joseph Cisewski as chief of staff and senior counsel. 

Cisewski most recently served as general counsel for Pantera Capital, a crypto-focused venture capital and hedge fund that reports it has over $5.1 billion in assets under management. In a statement, Goldsmith Romero highlighted these credentials.“His fluency on digital-asset and other issues will be valuable as the Technology Advisory Committee embarks on its agenda later this year,” she said.

A former employee of the CFTC, he worked under then-Commissioner Mark Wetjen, who now heads crypto exchange FTX’s government relations. 

Just yesterday, CFTC Chair Rostin Behnam announced that the commission was expanding its long-standing fintech wing, LabCFTC, into the Office of Technology Innovation. The CFTC has spent much of 2022 arguing for a bigger role in crypto regulation, alongside a corresponding budget and staffing expansion. The crypto industry, especially the major exchanges, have become increasingly supportive.

Pantera, meanwhile, recently lost significant holdings in Luna and Terra, as the stablecoin and associated token collapsed. 

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Kollen Post is a senior reporter at The Block, covering all things policy and geopolitics from Washington, DC. That includes legislation and regulation, securities law and money laundering, cyber warfare, corruption, CBDCs, and blockchain’s role in the developing world. He speaks Russian and Arabic. You can send him leads at [email protected].

Source: https://www.theblock.co/post/159742/panteras-general-counsel-joins-cftc-staff-as-commission-work-recenters-around-crypto?utm_source=rss&utm_medium=rss