The Commodity Futures Trading Commission (CFTC) announced on Tuesday the filing of a civil enforcement action against two companies, Nawabi Enterprise and Hyperion Consulting, and their owner Eshaq Na...
Tag: CFTC
Court orders BitMEX co-founders pay a total of $30 million in CFTC civil case
The Commodity Futures Trading Commission (CFTC) has hit the founders of crypto exchange BitMEX with a total of $30 million in civil monetary penalties. US regulators lodged suits against BitMEX and it...
Why does the FTX CEO think that SEC and CFTC cooperation could solve the Crypto Regulatory issues?
While recognizing the importance of crypto regulations imposed by the countries, experts consider it should be done but at the pace Sam Bankman Fried said that the power struggle in Washington is goin...
Crypto Experienced, CME Group Executive Appointed As Chief Counsel By CFTC Commissioner
Kristin Johnson, who serves as the commissioner at the United States Commodity Futures Trading Commission, or CFTC, among four other commissioners, announced that her team would be welcoming a CME Gro...
CFTC commissioner appoints crypto-experienced CME Group director as chief counsel
Kristin Johnson, one of five commissioners currently serving at the United States Commodity Futures Trading Commission, or CFTC, has announced that a CME Group executive director with experience in cr...
CFTC Announces Three Executive Staff Appointments
The US Commodity Futures Trading Commission ( CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and...
A Bipartisan Measure Would Grant The Commodity Futures Trading Commission (CFTC) Power For Exchanges As Well As Stablecoins
The bill will need to go before the Agriculture Committee for a hearing. If the bill passes the House, it will be considered by the Senate Agriculture Committee. Republican Representatives Glenn Thomp...
FTX executive Wetjen calls CFTC application an opportunity for the agency to innovate
Former Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, known by some as Crypto Dad during his tenure from 2017 to 2019, spoke on the topic of U.S. crypto regulation at the Crypto...
Why does Former CFTC head and FTX executive Wetjen think the commission’s application is an innovation opportunity?
Many people in the crypto space having expertise and responsibilities consider the current regulation outdated and need updates, especially for crypto. Former Chairman of Commodity Futures Trading Com...
Pennsylvania and California Reps to Introduce New Bill to Give CFTC More Control of Cryptocurrency Exchanges
– Advertisement – The CFTC is being considered the most friendly regulatory agency for the digital currency space. Glenn William “GT” Thompson, U.S. Rep. for Pennsylvania and California R...
Ripple CEO: CFTC Appropriate Regulator to Oversee Crypto Market Not SEC, As US Only Country On Planet To Consider XRP Security
– Advertisement – Garlinghouse chose which regulatory agency is best for the cryptocurrency market amid the company’s ongoing lawsuit with the SEC. Following the argument about which re...
The FTX Concept Is Likely To Just Be Discussed At A CFTC Roundtable Following Month
When the Dodd-Frank Act was passed to prevent a repeat of the 2008 financial crisis, the CFTC hosted more than two dozen roundtables to draft a slew of new rules. This time, the agency is debating the...
Gensler Wants SEC and CFTC to Regulate Crypto –
Gary Gensler asked staff to coordinate with the CFTC He wants ways to regulate crypto exchanges that feature both securities and non-securities SEC is tasked with regulating securities which are inve...
US Federal Court Orders Trader to Pay Manipulative Scheme Penalties
The US Commodity Futures Trading Commission ( CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and...
The Ripple connection in Gensler’s plan to collaborate with CFTC on crypto regulation
SEC Chair Gary Gensler revealed the collaborative crypto regulation plans through a speech delivered during the Penn Law Capital Markets Association’s annual conference on 4 April. The speech undersco...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regula...
US SEC to Partner With the CFTC on Crypto Regulations
The Chairman of the US Securities and Exchange Commission (SEC) – Gary Gensler – reiterated the agency’s plans to exercise greater regulatory oversight on the cryptocurrency market to protect investor...
SEC chair invites CFTC to help regulate crypto exchanges
Crypto regulations in the US have lacked clarity and comprehensiveness. Cryptocurrency exchanges have had difficulty determining the coins to be listed and those not to be listed. The US Securities an...
Gensler Wants SEC and CFTC to Regulate Crypto Exchanges Together
Crypto exchanges have long asked for clearer guidelines about what coins and tokens they can list. They may be about to get a double dose. In comments today at the University of Pennsylvania Carey Law...
CFTC Chief Considers Proposal by FTX Responsible Innovation Worth Trying
The CFTC decided that they could eventually make tweaks to the idea proposed by FTX based on the internal review and the external input of the agency. In a recent conventional hearing with the House A...
FTX Exchange’s Proposal Becomes the Focus of CFTC Chair’s Hearing in Congress
Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC), was at a hearing tagged “The State of the CFTC” with the House Agriculture Committee on Thursday, March 31, and one of t...
CFTC Chief Says FTX Plan Could Make Crypto Markets ‘More Efficient’
“This proposal could end up leading to more efficient trading execution, less risk in the system,” Behnam said, adding that he’s required to cultivate “responsible innovation,” and the idea isn’t nece...
FTX derivatives proposal takes center stage at Congressional hearing with CFTC chairman
A leader of US financial regulation has defended his agency’s work with crypto exchange FTX in a Congressional hearing, which will apparently be the subject of yet another hearing in May. Rosti...
Australian Futures Exchange FEX Global Gains CFTC Registration
The Commodity Futures Trading Commission (CFTC) announced on Thursday that it has issued a registration order to futures exchange, FEX Global Pty Ltd (FGL), which is licensed by Australia’s Foreign Bo...
US Court Fines Kentucky Men $5m for Commodity Futures Pool Fraud
The US District Court for the Middle District of Tennessee on March 16 delivered a summary judgment order penalizing two Kentucky men, Rodney Phelps and Jason Castenir and their co-founded company, Ma...
Chicago Trader to Pay $377,000 for Forex and Commodity Fraud Charges
The US Commodity Futures Trading Commission ( CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and...