Tagged: dawn stump

CFTC Commissioner Stump Comments on Tether/Bitfinex Enforcement Action: Concerned About Regulatory Confusion on Stablecoins

At the same time the CFTC announced its enforcement actions against Bitfinex and Tether, Commissioner Dawn D. Stump has issued a statement regarding the action by the regulator. Commissioner Stump says she agrees with the action taken by the Commission while expressing her concern regarding… Read More

Kraken Hit by $1.25 Million Penalty Imposed by CFTC, Commissioner Stump Calls Decision “Uncharted Territory”

Kraken (Payward Ventures, Inc), a digital asset trading platform, has been hit by a $1.25 million penalty imposed by the Commodity Futures Trading Commission (CFTC). According to a statement by the CFTC, Kraken offered illegal off-exchange trading in digital asetss and failed to register as… Read More

CFTC Posts 10 Points as to How They Regulate Digital Assets: Is it a Commodity or a Security?

The Commodity Futures Trading Commission (CFTC) has created an infographic outlining how the agency regulates digital assets. The CFTC seeks to clarify “the fallacy of the question ‘Is it a commodity or a security’.” Posted by CFTC Commissioner Dawn D. Stump, the Commissioner says the… Read More

Two New Commissioners Join CFTC Following Senate Confirmation

The Commodity Futures Trading Commission (CFTC) has two new Commissioners following the Senate confirmation of Dawn Stump and Dan Berkovitz. The addition of Stump and Berkovitz means the Commission is fully staffed joining Brian Quintenz, Rostin Behnam and Chair J. Christopher Giancarlo. Until recently, Berkovitz was a… Read More

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