Bookmarking Crypto Insights
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The listed crypto options providers named by the CFTC include relatively unknown names such as Bitfxprofit, Star FX Pro, Smarter Signals and BinanceFx Trade. Go to Source Powered by WPeMatico
“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC’s acting director of enforcement. Go to Source Powered by WPeMatico
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive,” and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act. Go to Source Powered by WPeMatico
“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets. Go to Source Powered by WPeMatico
Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea. Go to Source Powered by WPeMatico
The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise? Go to Source Powered by WPeMatico
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote. Go to Source Powered by WPeMatico
“I’m looking forward to continuing to advise this impressive group of leaders, as they work to bridge the worlds of traditional finance and blockchain technology,” said Christopher Giancarlo. Go to Source Powered by WPeMatico
On Tuesday, West Realm Shire Services Inc., the parent company of the crypto exchange FTX, announced that the firm has acquired the Commodity Futures Trading Commission (CFTC) regulated digital currency futures and options exchange and clearinghouse Ledgerx. FTX Acquires Virtual Currency Futures and Options Exchange Ledgerx Ledgerx has been acquired by the cryptocurrency giant FTX, … Read more
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). “There has often been a grossly inaccurate oversimplification” of how crypto assets are regulated in the United States, … Read more
