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27 articles found
Latest
US CFTC Chair Rostin Behnam Resigns
Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), will step down on January 20, coinciding with Donald Trump’s inauguration. His resignation signals potential shifts in regulatory priorities as the new administration prepares to overhaul federal oversight.
French Hill’s Vision for Cryptocurrencies in 2025
Arkansas Representative French Hill, who will lead the Financial Services Committee in 2025, is gearing up to redefine the crypto ecosystem in the U.S.
CFTC Adjustments: A Brighter Path for Crypto Regulation
CFTC enforcement policies targeting certain crypto companies may face a reassessment.
CFTC Levels Fraud Allegations Against Debiex Crypto Exchange
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.
CFTC Takes Aggressive Stance after Binance Case
The Commodity Futures Trading Commission has declared that its case against CZ and Binance marks the beginning of an assertive enforcement approach.
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CFTC Targets Voyager's Co-founder Over Alleged Fraud
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.
CFTC Commissioner Challenges DeFi Regulation Approach
A CFTC Commissioner, Summer Mersinger, has voiced dissent over the agency's approach to DeFi regulation. She argues that the current enforcement actions could stifle innovation in the decentralized finance sector.
Coinbase bring futures trading to eligible US customers
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.
Blessings' or Curse? Duo Charged with Crypto Pool Fraud
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.
Circle Appoints Former CFTC Chair as New Chief Legal Officer
Heath Tarbert, the ex-chairman of the United States Commodities Futures Trading Commission (CFTC), has been roped in by Circle, the company behind the USDC stablecoin, as its chief legal officer, as disclosed on Thursday.
Gemini Settles CFTC Case, Avoids Trial
Gemini has agreed to pay $5 million to the U.S. Commodity Futures Trading Commission (CFTC) to settle a dispute stemming from allegations of misleading statements about Bitcoin futures made by the platform.
Andreessen Horowitz Exec Considered for CFTC Chair Role
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).
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Could the CFTC Be the New Crypto Industry Watchdog?
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).
CFTC Seeks Coinbase User Data in Suspected Bybit Investigation
Coinbase has reportedly informed select users of a subpoena it received from the Commodity Futures Trading Commission (CFTC).
CFTC Pays Well for Information
In 2023, the U.S. Commodity Futures Trading Commission (CFTC) generously rewarded informants, primarily for tips related to cryptocurrency, with a whopping $16 million.
CFTC Chair Focuses on DeFi Regulation
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam emphasized the need for DeFi regulation in a recent speech.
Mirror Trading International Ordered to Pay $1.7 Billion
The CFTC has reported that the South African firm, Mirror Trading International (MTI), must compensate victims of its crypto fraud with $1.7 billion.
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Significant Step by US House Panel for the Crypto Industry
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.
Coinbase CEO: There’s a ‘Turf War’ Between SEC and CFTC
Brian Armstrong is having a moment of truth about crypto regulation in the US and the way the SEC and CFTC behave.
DeFi Not Beyond Regulatory Scope, CFTC Chair Declares
In a recent discussion on Bloomberg's Odd Lots podcast, Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), underscored that decentralized crypto exchanges would be regulated, either by the CFTC or the Securities and Exchange Commission. This applies even if they're built on "self-effectuating" protocols that are merely code.
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