The US Commodity Futures Trading Commission (CFTC) announced on Tuesday that it had filed a civil enforcement action to charge four operators for running a $44 million Bitcoin Ponzi scheme Ponzi Sch...
Tag: CFTC
XRP is not a Security: Former CFTC Chair Chris Giancarlo Says
Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC), has shared his thought on the status of XRP Coin as the legal brawl between Ripple Labs and the Securitie...
SEC Chairman- “SEC Is Working With CFTC On Crypto Regulation”
The Commodity Futures Trading Commission (CFTC) has stated that it should be the primary body in charge of overseeing cryptocurrencies. According to Gensler, he and his staff are working to safeguard ...
SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In ...
CFTC Wants Larger Role in Crypto Regulation—And Sam Bankman-Fried Agrees
Rostin Behnam, chairman of the Commodities and Futures Trading Commission (CFTC), is pushing for his agency to take a leading role in regulating digital assets. He maintains that his agency is well po...
Give More Clarity on Crypto Regulation, SBF Urges CFTC
Key Takeaways Members of the Senate met to discuss “risks, regulation, and innovation” of digital assets today. FTX CEO Sam Bankman-Fried appeared to say that the CFTC needs to provide mor...
Before Senate, CFTC cites crypto as basis for biggest expansion since Dodd-Frank
The Commodity Futures Trading Commission wants to bring spot markets for cryptocurrencies into its regulatory regime, in what would potentially be its biggest expansion since the 2010 Dodd-Frank legis...
CFTC Charges Two Florida Residents and Their Firm with $19 Million Futures and Forex Fraud
The 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...
CFTC chair to testify at latest Senate hearing on digital assets
advertisement The Senate Agriculture Committee is holding a hearing on digital assets a week from today, and it’s calling the head of the Commodity Futures Trading Commission (CFTC) in to testif...
CFTC Charges Florida Man with Defrauding Investors Out of $9.8M
The Commodity Futures Trading Commission (CFTC) has charged a Florida resident and his investment firm with fraud for allegedly defrauding investors in their commodity pool out of $9.8 million. The re...
CFTC Charges ROFX and 5 Promoters for $58 Million FX Fraud
The Commodity Futures Trading Commission (CFTC) has continued its bust against fraudulent investment schemes and recently filed a civil enforcement action against five individuals and five companies f...
Digital Asset adds former CFTC chairman to board
advertisement New York-based Digital Asset has added the former chair of the U.S. Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo, to its board of directors. In a Jan. 25 press r...
Polymarket Introduces New Information Markets After CFTC Fine, but Not for US Traders
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Following CFTC settlement, prediction platform Polymarket geoblocks trades in the US
advertisement Blockchain-based predictions market Polymarket has added a geoblock to keep US users from trading on the platform. A representative for the firm said of the measure: “U.S. residen...
Former CFTC Chairman Giancarlo Joins Coinfund As An Advisor
Giancarlo has been an outspoken proponent of cryptocurrencies and CBDCs, arguing for a “no harm” approach to blockchain legislation. CoinFund has made many investments in cryptocurrency-related firms ...
Lawmakers Ask The CFTC To Clarify Their Role Monitoring Crypto Risks
Bipartisan lawmakers from the U.S. House and Senate Agriculture Committees have requested clear information from the chair of the Commodities Futures Trading Commission (CFTC) about the crypto industr...
With FairX acquisition, is Coinbase moving away from the SEC and towards CFTC
When it comes to the American crypto sector, one huge source of confusion is the matter of which body should largely regulate crypto exchanges and their products. Is it the state government[s], the SE...
Former CFTC chair Giancarlo joins CoinFund as an adviser
Blockchain investment firm CoinFund has appointed former United States commodities regulator J. Christopher Giancarlo as a strategic adviser — a move that should help the Brooklyn-based company naviga...
Former CFTC chair joins board of crypto investment firm
Crypto investment firm CoinFund has onboarded a former leader in the U.S. regulation space to its advisory board. Per a January 13 announcement shared with The Block, former Commodity Futures Trading ...
Congress’s agriculture committees request information on digital assets from the CFTC
advertisement The US House and Senate Agriculture Committees sent a letter to the chair of the Commodities Futures Trading Commission requesting more information on digital asset marketplaces. The Se...
President Biden sends CFTC nominations to Senate
The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with the upcoming departure of another commissioner. In a Frida...
Ex-US CFTC Chair Advocates Building Financial Infrastructure with Blockchain
Former Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo slammed handlers of the economy for taking a back seat in financial innovation related to blockch...
CFTC Ordered Polymarket to Pay $1.4 Мillion in Penalties
The Commodity Futures Trading Commission (CFTC) ordered Polymarket – a decentralized platform that allows users to bet on the outcome of current events – to pay a $1.4 million civil monetary penalty. ...
CFTC Cracks Down On Non-Compliant Markets, Fines PolyMarket $1.4 Million
The Commodity Futures Trading Commission has cracked the whip on Polymarket, ordering the decentralized prediction market platform to shut down all non-compliant markets. It also ordered the platform ...
CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets – Regulation Bitcoin News
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been op...
CFTC opens up FTX US’s derivatives trading model to public comment
FTX.US’s plan to offer crypto derivatives is moving forward with the Commodity Futures Trading Commission announcing on Thursday that it would open up the exchange’s plan for public commen...