At an industry conference today, Securities and Exchange Commission (SEC) chief Gary Gensler said that he supports handing the Commodity Futures Trading Commission (CFTC) the power to “oversee and reg...
Tag: CFTC
Gensler Gives Go-Ahead For CFTC Having Bitcoin Oversight
Securities and Exchange Commission Chair Gary Gensler has thrown his support behind allowing the Commodity Futures Trading Commission (CFTC) to oversee crypto assets deemed commodities. This means th...
SEC Chair Gensler Backs Congress’ Decision Of CFTC Crypto Oversight
Gary Gensler, Chairperson of the U.S. Securities and Exchange Commission (SEC) says he will back the decision of the Congress to hand over supervision of cryptocurrencies to the Commodity Futures Trad...
SEC has been ‘clear’ on cryptocurrencies
Gary Gensler is not backing down from the crypto industry. “Of the nearly 10,000 tokens in the crypto market, I believe the vast majority are securities,” Gensler said, reiterating the SEC’s st...
CFTC To Regulate Crypto? SEC Chair Drops Hints
Securities and Exchange Commission (SEC) Chair Gary Gensler has been under scrutiny for not providing clarity over the crypto regulations. However, speaking at an event Gensler hinted that SEC might b...
Gensler On Board With CFTC Taking Over Bitcoin Oversight
In August, senators proposed legislation that would have the CFTC oversee cryptoassets deemed commodities, such as bitcoin and ether The SEC has previously said that ether is a commodity In a surprisi...
SEC Chairman Backs Congress to Give CFTC More Power to Oversee And Regulate Bitcoin And Non-Security Cryptos
– Advertisement – Gensler will support Congress in giving CFTC more regulatory power over Bitcoin, but… Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), said he wou...
SEC Chairman wants the CFTC to regulate Bitcoin, Ethereum
The Chairman of the SEC said he would support Congress handing more power to the CFTC to regulate cryptocurrencies. Speaking at an industry conference on Thursday, Gary Gensler said he was looking for...
Not SEC, But U.S. CFTC Likely to Be the Lead Regulator for Cryptocurrencies
As the U.S. regulatory agencies remain undecided on who should be having an upper hand in regulating the crypto market, the Commodities and Futures Trading Commission (CFTC) is reportedly getting an u...
SEC and CFTC want help building new crypto reporting regime for hedge funds
Regulators want help assembling a regime for private funds to report their crypto exposure. On September 1, the Securities and Exchange Commission and the Commodity Futures Trading Commission put out...
EX CFTC Commissioner Joins FTX US Derivatives as Board Member
Zach Dexter, FTX US Derivatives CEO, noted his satisfaction with working with the former CFTC Commissioner. The US arm of cryptocurrency derivatives exchanges FTX has onboarded a former Commissioner o...
SEC, CFTC propose amendments for large hedge fund crypto reporting
US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly proposed an amendment to Form PF. The proposal seeks to distinguish between “digital assets...
FTX US Derivatives adds former CFTC commissioner to board
Former Commodity Futures Trading Commissioner Jill Sommers has joined the board of FTX’s US derivatives subsidiary. A Republican appointee under Presidents George W. Bush and Barack Obama, Sommers ser...
CFTC & SEC Proposes New Category For Digital Assets In Form PF
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are proposing amendments to Form PF. The amendment proposes that the categories of “cash and cash equiv...
SEC and CFTC join forces to integrate Form PF
Cryptos and NFTs are not common assets. They have specific characteristics and are blockchain-based, which is why SEC and CFTC have been working together on amending Form PF. SEC and CFTC work four-ha...
Ex CFTC Commissioner Joins FTX US Derivatives Board
Jill Sommers, former CFTC Commissioner on Thursday joined the FTX US Derivatives’ Board of directors. This major development has landed amid the ongoing crypto market downturn. FTX gets Ex CFTC commis...
Former CFTC Commissioner Joins FTX.US Board
FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors. Sommers served as a 2-term commissioner of the Commodity Futu...
SBF loves the CFTC so much he’s hired its former commissioner
Sam Bankman-Fried and FTX US Derivatives (formerly LedgerX) announced former Commodities and Futures Trading Commision (CFTC) commissioner Jill Sommers is joining the board. Jill Sommers was origina...
SEC Chair, CFTC To Be Testified Over Crypto Bill: Sources
Gary Gensler, Chairperson of the U.S. Securities and Exchange Commission (SEC) landed under scrutiny over his approach to the crypto industry. Many key leaders have raised their voices demanding clari...
New Bill Could Give the CFTC More Crypto Power
A new crypto bill introduced by John Boozman – a republican from Arkansas – and Debbi Stabenow, a democrat from Michigan, would (if passed) give the Commodity Futures Trading Commission (CFTC) full co...
Senate committee preps hearing on CFTC regime for crypto exchanges: Sources
The Senate Agriculture Committee is preparing a hearing on a bill that would drastically alter regulation for crypto exchanges, according to five sources with knowledge of the matter. The bill in que...
CFTC chairman speaks on crypto regulation
Timothy Massad, current CFTC Chairman, believes that closing the gap present in crypto regulation will require close cooperation with the SEC. Massad: CFTC and SEC must work together to define clear ...
CFTC focuses on outreach as digital assets gain popularity among underserved groups
The US Commodity Futures Trading Commission (CFTC) sees a need to increase investor education and outreach as the market for digital assets grows and faces downturns, Commissioner Kristin Johnson said...
CFTC concentrates on outreach as digital assets gain popularity among underserved groups
Kristin Johnson, the Commissioner of CFTC, revealed the need and requirement of investor education and outreach in a recent roundtable discussion centered on digital assets. The discussion was focused...
Venture Capitalist Kevin O’Leary Says Crypto Regulations From CFTC and SEC Are Coming – Here’s His Timeline
Shark Tank star investor Kevin O’Leary is weighing on the potential road map toward a formal definition of terms and regulations within the crypto space. In a recent roundtable discussion with Crypto ...
Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor
Solidus Labs, a New York-based crypto risk monitoring firm, announced on Tuesday that it has appointed Dawn Stump, a former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), as the...
CFTC sues Ohio man over crypto Ponzi scheme
The United States Commodity Futures Trading Commission (CFTC) has instituted a lawsuit against New Albany’s Rathnakishore Giri. The agency extended the lawsuit to hIs companies, SR Private Equity, LLC...
Last Week [In] Crypto: CFTC Bans Betting Platform From US Election Wagers, Nepal Looks to Launch CBDC
Last week, the Commodity Futures Trading Commission (CFTC) ordered the PredictIt gambling site to cease operations for failing to follow guidelines. Be[In]Crypto has gathered some of the most importan...
SEC & CFTC Call for Public Comment on Crypto Reporting for Hedge Funds
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on Thursday launched public consultations calling on the public to contribute to the proposed rule...