#cftc

Brian Quintenz, Head of Policy at a16z Crypto—the digital assets division of venture capital giant Andreessen Horowitz—has emerged as a leading candidate for the role of Chair at the U.S. Commodity Futures Trading Commission (CFTC).

The U.S. digital asset market is on the verge of major changes. The Commodity Futures Trading Commission (CFTC) could take over as the primary regulator for cryptocurrencies, potentially replacing the Securities and Exchange Commission (SEC).

Coinbase has reportedly informed select users of a subpoena it received from the Commodity Futures Trading Commission (CFTC).

In 2023, the U.S. Commodity Futures Trading Commission (CFTC) generously rewarded informants, primarily for tips related to cryptocurrency, with a whopping $16 million.

The United States House panel has approved two bills that could provide regulatory clarity for crypto firms, addressing the jurisdictional differences between the U.S. securities and commodities regulators. The Republican bill introduces a process for firms to certify with the SEC that their projects are decentralized, enabling them to register digital assets as digital commodities with the CFTC. The bipartisan Blockchain Regulatory Certainty Act aims to remove hurdles and requirements for “blockchain developers and service providers” such as miners, multisignature service providers, and decentralized finance platforms. Congressmen praised the passing of these bills as a “huge win” for the United States.

CFTC enforcement policies targeting certain crypto companies may face a reassessment.

The U.S. Commodity Futures Trading Commission (CFTC) has brought to light a scheme by Debiex's staff, who allegedly developed personal and even romantic relationships with potential customers to draw them into their trading platform. The CFTC has now sued Debiex, charging them with fraudulent activities.

The Commodity Futures Trading Commission has declared that its case against CZ and Binance marks the beginning of an assertive enforcement approach.

Former Voyager Digital CEO Steve Ehrlich is facing legal action from the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC) for alleged fraudulent activities and customer deception.

Coinbase has obtained regulatory approval from the National Futures Association (NFA), a CFTC-designated self-regulatory organization. This approval allows Coinbase to function as a Futures Commission Merchant (FCM) and provide eligible US customers with access to crypto futures through its platforms. With this approval, Coinbase becomes the first crypto-native platform to offer a combined solution featuring traditional spot crypto trading and regulated, leveraged crypto futures for their US verified customers.

Michael and Amanda Griffis are in hot water with the Commodity Futures Trading Commission (CFTC) as the agency alleges the couple pulled off a grand-scale fraud. Operating under the auspicious name "Blessings of God Thru Crypto," they enticed over 100 individuals to contribute to their digital assets commodity pool. Accumulating over $6 million, the couple promised high returns and security for the pooled resources. According to CFTC, these pledges were not only empty but the pooled funds frequently ended up mingling with the Griffis' personal finances.