FTX is pulling the plug on its application to offer its automated margin in the U.S. The bankrupt crypto exchange withdrew its application, made through a subsidiary, to offer a novel structure ...
Tag: CFTC
FTX faces SEC and CFTC investigation: Bloomberg
Crypto exchange FTX faces an investigation by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) into its mismanagement of customer funds and the firm’s relat...
FTX implosion has U.S. regulators on watch
U.S. regulators are monitoring the implosion of crypto exchange giant FTX, which announced earlier today that it is selling FTX.com to rival exchange Binance. The Commodity Futures Trading Commi...
Musk fires Twitter execs, research stirs blockchain energy debate and CFTC brass shares crypto concerns: Hodler’s Digest, Oct. 23-29
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Rostin Behnam of CFTC Fame Shares His Crypto Views
Rostin Behnam is the chairman of the Commodity Futures Trading Commission (CFTC), the financial organization that governs bitcoin. Rostin Behnam Is Neutral on Crypto For the most part, Behnam is a neu...
TradFi Regulations Can Be Applied to Crypto – to an Extent, CFTC Commissioner Says
The CFTC oversees futures markets of commodities, bonds and foreign-exchange products, while the Securities and Exchange Commission oversees securities markets, including those for stocks and bonds. I...
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as an example of how contagion risks within crypto mar...
U.S. CFTC Commissioner Said Crypto Recalls 2008 Financial Crisis
In a recent event, the CFTC Commissioner said that the oversight of CFTC is an answer to the possible financial stability risks. She mentioned that the crypto industry is repeating certain elements of...
Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner
“Cryptocurrency was supposed to break from the traditional financial system, and all of its fragility and vulnerabilities,” said Goldsmith Romero, who occupies one of the Democratic seats on the five-...
CFTC Chair Reiterates Stance, Calls Bitcoin And ETH Commodities
The Chair of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, reiterated their stance on Bitcoin (BTC) and Ether (ETH), calling them commodities, not securities. The comments were made...
CFTC Chair Says Ethereum Is Commodity
Alex Dovbnya CFTC Chair Rostin Behnam has stated that he views Ethereum, the second-largest cryptocurrency, as a security, but SEC boss Gary Gensler disagrees with him Commodity Futures Trading Commis...
CFTC Chair Says Ethereum Is A Commodity, SEC Disagrees
Yesterday, Monday, October 24, the Rutgers Center for Corporate Law and Governance, the Wall Street Blockchain Alliance, and Lowenstein Sandler LLP hosted a symposium on “Regulating Financial Innovati...
CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam on Monday tried to dispel the narrative of a turf war over digital assets regulation between his agency and the Securities and Exchan...
CFTC Chair Says Ether Is a Commodity, Hints That SEC Disagrees
Congress has stepped in to try and clarify the jurisdictional boundaries between agencies The Responsible Financial Innovation Act, introduced in June, suggests placing most cryptoassets under the CFT...
CFTC Says Over 20% Of Cases It Handled This Year Involved Crypto
The CFTC (Commodity Futures Trading Commission) and the Securities Exchange Commission (SEC) are two regulating offices in U.S. that have been the subjects of a number of debates as to who should have...
U.S. Agency, CFTC, Aims to “Aggressively Monitor” Cryptocurrencies – crypto.news
According to a recent report from the Commodity Futures Trading Commission (CFTC), 20% of its enforcement proceedings in the fiscal year 2022 were directed at the market for digital assets. The U.S. c...
CFTC comes down hard on crypto
The CFTC is starting to come down harder on the digital assets space and has published a report stating that more than 20% of its enforcements this year were related to crypto. The Commodity Futures T...
Paradigm Rushes to Defend Ooki DAO in Landmark CFTC Lawsuit
Web3 venture capital firm Paradigm has waded into the increasingly choppy waters of the Commodities and Futures Trading Commission’s (CFTC) unprecedented attempt to sue a DAO in federal court. Late M...
Draft of ‘DeFi Killing’ CFTC Bill Has Leaked—Here’s What’s In It
The draft’s out of the capitol. A copy of the still in-progress Digital Commodities Consumer Protection Act (DCCPA), which outlines how the Commodities Futures Trading Commission would regulate the cr...
CFTC Racked Up Crypto Enforcement Record in Past Year
Around 18 digital-asset-related actions have been undertaken from June 2021 to June 2022, the regulator said The CFTC’s posturing highlights an ongoing power struggle between itself and the SEC over h...
SEC, CFTC Launch Probe Into Bankrupt Crypto Fund Three Arrows Capital: Report
Two key U.S. regulators are reportedly investigating the bankrupt crypto-focused hedge fund Three Arrows Capital (3AC). According to anonymous sources reported by Bloomberg, the Commodity Futures Trad...
Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations – Bitcoin News
Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC)...
CFTC To Investigate How Three Arrows Capital Used User Funds
The U.S. regulators have finally decided to step into the investigation of failed hedge fund Three Arrows Capital (3AC), which was one of the major causes of this year’s crypto market crash. The colla...
DAO Gains Venture Capital Ally in CFTC Suit
“The community of people making decisions on the DAO is fluid, ever-changing and different for each proposal on which they vote,” Paradigm said It argues the CFTC should identify and serve its lawsuit...
CFTC Commissioner Kristin Johnson comments on FTX saga
The recent events surrounding the two of the greatest cryptocurrency exchanges have re-opened some of the long-standing questions about the prevention of such occurrences and mitigating their effect o...