The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers.
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The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers.
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As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation.
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“Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood,” said Rostin Behnam.
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Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts.
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Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC.
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Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation.
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With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. President has the opportunity to completely reshape the CFTC leadership.
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ICO tokens from Crowd Computer were sold to Americans as “investment contracts” according to the SEC’s complaint, which classifies them as securities.
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“All derivatives markets must operate within the bounds of the law regardless of the technology used,” said Acting Director of Enforcement Vincent McGonagle.
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