Tagged: cftc

CFTC Pursues Tokenized Collateral for Derivatives Markets

The Commodity Futures Trading Commission (CFTC) will pursue the use of tokenized collateral, which will include stablecoins. This follows the GENIUS Act, which legalized payment stablecoins issued by private parties. Tokenized collateral is expected to be used in derivatives markets and is said to be… Read More

CFTC Chair Nominee Brian Quintenz Spills Tense Conversation with Gemini Founder Tyler Winklevoss

Private message leak exposure involving Tyler Winklevoss, CFTC investigation, and concerns over transparency and integrity in cryptocurrency regulatory communications.

Brian Quintenz, a former Commissioner at the Commodity  Futures Trading Commission (CFTC) and Trump nominee to take over the regulator as its new chair, shared an online conversation this week he had with Tyler Winklevoss, founder of Gemini Space Station, a crypto exchange expected to… Read More

SEC, CFTC to Hold Joint Roundtable on Crypto Regulation Sept. 29

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission will hold a joint public roundtable on Sept. 29 to address regulatory clarity for cryptocurrency markets, focusing on decentralized finance protocols, perpetual contracts and other digital asset innovations. The four-hour session at SEC headquarters… Read More

SEC, CFTC Partner on Crypto Initiative Regarding Trading Spot Crypto

The SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk have issued a statement on the joint initiative regarding spot crypto trading. The announcement is associated with the President’s Working Group on Digital Asset Markets… Read More

CFTC Announces Foreign Board of Trade (FBOT) Registration Framework to Provide Regulatory Clarity for Non- US Exchanges

The Commodity Futures Trading Commission’s Division of Market Oversight has recently issued an advisory regarding the foreign board of trade (FBOT) registration framework for non-U.S. “entities legally organized and operating outside the United States that seek to provide persons physically located in the United States… Read More

CFTC Seeks Improved Security With Nasdaq Surveillance Tech

The Commodity Futures Trading Commission (CFTC) is enhancing its market surveillance and fraud detection capabilities by deploying Nasdaq’s surveillance technology. As the CFTC embraces an expanding regulatory remit, it will look to Nasdaq’s Market Surveillance platform to support its mission to promote market integrity. The… Read More

Quintenz’s CFTC Nomination Supported by Crypto Groups

The Crypto Council for Innovation led a series of industry associations this week that supported President Donald Trump’s nomination of Brian Quintenz as chairman of the CFTC. The Council said his prompt confirmation “is essential to accomplishing the proactive agenda your Administration has established to… Read More

CFTC Announces Next Crypto Sprint Initiative

Commodity Futures Trading Commission Acting Chairman Caroline D. Pham announced recently that the CFTC will begin its next crypto sprint initiative for “implementation of the recommendations in the President’s Working Group on Digital Asset Markets report.” Starting on August 21, 2025, Acting Chairman Pham will… Read More

Web3 Thoughts of the Week: SEC Liquid Staking, CFTC on Spot Crypto Trading, Rate Cut Calls, and AI

From the SEC’s comments on liquid staking to the CFTC spotlighting spot crypto trading on registered exchanges and Trump’s rate cut call, Web3 was busy talking about government affairs this week. And what would a week be without some AI talk? SEC comments on liquid… Read More

CFTC to Immediately Start Implementing Digital Asset Plan Under President’s Working Group

Last week, the White House revealed its report on the President’s Working Group on Digital Asset Markets. The policy initiative was launched by President Donald Trump earlier this year as he sought to address the negligence during the Biden administration regarding digital asset innovation. Immediately, acting… Read More

Congressman Timmons Demands SEC Transparency on Ethereum’s Regulatory Past

Congressman William Timmons, a Republican from South Carolina, has fired off a letter to newly appointed SEC Chair Paul Atkins, demanding documents that shed light on the agency’s inconsistent handling of Ethereum (ETH) under former Chair Gary Gensler. Sent on June 10, 2025, this move… Read More

Digital Asset Fraud: My Big Coin Ordered to $25.7 Million in Penalties: CFTC

The Commodity Futures Trading Commission (CFTC) says a US District Court in Massachusetts has ordered a default judgment against My Big Coin, My Big Coin Pay, and affiliated individuals John Roche and Mark Gillespie to pay a $25.7 million in penalties regarding allegations of digital asset… Read More

Prediction Markets Need Regulatory Relief: CEI

Prediction markets have emerged as a novel asset class where investors may “bet” on the outcome of events. While somewhat similar to traditional securities markets, these platforms are not regulated by securities regulators but fall under the purview of the Commodity Futures Trading Commission (CFTC),… Read More

Former CFTC Chairman J. Christopher Giancarlo to Advise Digital Asset Bank Sygnum

Switzerland-based Sygnum, a digital asset bank, has announced that J. Christopher Giancarlo will be joining Sygnum as a Senior Policy Advisor. Giancarlo, the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), is well-known for his support of digital asset innovation. Giancarlo served at the CFTC… Read More

CFTC Puts Staff on Leave. Investigation is Ongoing

The Commodity Futures Trading Commission (CFTC) has announced that it has put staff on leave pending an investigation into unnamed transgressions. Last month, the  Acting CFTC Chairman, Caroline Pham, issued a statement on the CFTC Office of Inspector General (OIG) Investigation into Allegations of Telework Violations… Read More

Trump Pardons BitMEX Co-founders, CFTC and FDIC Clarify Stance on Crypto-related Business Activities

The Fintech, crypto and web3 industry is grappling with a whirlwind of developments, from high-profile pardons to regulatory shifts and geopolitical issues. At the center is President Donald Trump’s recent pardon of BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, alongside former employee Gregory… Read More

CFTC Warns that Generative AI is Helping Crooks Commit Fraud

The never-ending saga of new tech being used for good, as well as bad, continues. While enforcement agencies chase criminals for bad actions, the crooks keep upping their game making it difficult to stop the perpetrators. The US Commodity Futures Trading Commission (CFTC) has posted… Read More

CFTC Plans Digital Asset Forum, Participants Include Circle, Coinbase, Ripple and More

The Commodity Futures Trading Commission (CFTC) says it will hold a digital assets forum which will engage with some top digital asset firms. The CFTC in a release said that Ripple, Crypto.com, MoonPay, Coinbase and Circle have all committed to participate in the event. Final… Read More

Acting CFTC Chair Pham Issues Statement Defending Against Bloomberg Claims

Acting Commodities Futures and Trading Commission (CFTC) Chairman Caroline Pham has issued a statement defending herself against claims made in a Bloomberg article. Pham was appointed Acting Chair as the Trump Administration took over the federal bureaucracy. In the minority during the Biden Administration, now… Read More

CFTC Acting Chair Disavows Regulation by Enforcement, Will Now Focus on Fraud

Acting CFTC Chairman Caroline D. Pham says there will be no more “regulation by enforcement.” This term has been widely utilized to describe regulatory activity in financial services during the Biden Administration. More specifically, the rise of digital assets created policy hysteria with the government…. Read More

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