The new episode of crypto regulation: The Empire Strikes Back
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready. Go to Source Powered by WPeMatico
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Derivatives data shows Ethereum traders positioned to extend the ETH rally
Derivatives data and strong fundamentals back retail and professional traders’ bullish stance on ETH price. Go to Source Powered by WPeMatico
CFTC commissioner says agency has broad enforcement authority on crypto derivatives
“A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority,” said Dawn Stump. Go to Source Powered by WPeMatico
Crypto-friendly CFTC commissioner Brian Quintenz reportedly plans to step down
Quintenz’s 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure. Go to Source Powered by WPeMatico
US lawmakers urge CFTC and SEC to form joint working group on digital assets
The letter seems to be applying political pressure for the two government agencies to act on their own rather than waiting for a bill requiring the creation of such a group to become law. Go to Source Powered by WPeMatico
US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent … Read more
Bitmex Agrees to Pay $100 Million to Resolve Charges With FinCEN and CFTC
Global cryptocurrency derivatives exchange Bitmex has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN). The exchange has agreed to pay as much as $100 million to end investigations by the two agencies. Bitmex Settles With CFTC and FinCEN Bitmex confirmed Tuesday that “it has reached a … Read more
BREAKING: BitMEX announces $100M settlement with FinCEN, CFTC
No mention was made of criminal charges against former CEO Arthur Hayes or any other executives at the firm. Go to Source Powered by WPeMatico
SEC has no authority over crypto, CFTC commissioner argues
Former CFTC chairman Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto. Go to Source Powered by WPeMatico
SEC Has No Authority Over Pure Commodities Like Crypto Assets, Says CFTC Commissioner
Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry. A CFTC commissioner clarified that pure commodities, including crypto assets, or their trading venues are not regulated by the SEC. Regulation of Crypto Assets by SEC and CFTC A commissioner with the U.S. … Read more
