Outgoing CFTC Chair Urges Stronger Crypto Regulation Amid Mainstream Adoption

The departing CFTC Chairman Rostin Behnam is sounding the alarm on the lack of comprehensive regulation of cryptocurrencies in the U.S. Regulatory Gap The outgoing chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has lamented what he termed the insufficient regulation of cryptocurrencies in the United States. Behnam argued that the U.S. needs … Read more

CFTC Chair Rostin Behnam Resigns Amid Anti-Crypto Exodus

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC) announced his resignation on Tuesday, just a day after Michael Barr, Federal Reserve Board governor and vice chair for supervision, stepped down from his supervisory role. SEC Chairman Gary Gensler, who announced his resignation in November, and Barr, two key masterminds behind the infamous … Read more

CFTC Regulatory Case Against Gemini Ends in $5 Million Settlement

A Bloomberg report was the first to disclose that Gemini Trust Co., a cryptocurrency exchange established by Cameron and Tyler Winklevoss, has consented to a $5 million settlement to address allegations levied by the Commodity Futures Trading Commission (CFTC). The settlement quells accusations that Gemini disseminated deceptive information to regulatory bodies. Gemini Avoids Trial in … Read more

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