CFTC News

The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise?

All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote.

“I’m looking forward to continuing to advise this impressive group of leaders as they work to bridge the worlds of traditional finance and blockchain technology,” said Christopher Giancarlo.

A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready.

"A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority," said Dawn Stump.

Quintenz's 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure.

The letter seems to be applying political pressure for the two government agencies to act on their own, rather than waiting for a bill requiring the creation of such a group to become law.

Former CEO Arthur Hayes and other executives at the firm are still likely to face charges on alleged violations of the Bank Secrecy Act.

Former CFTC Chair Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto.

“A Bitcoin ETF would be a way for retail investors to invest in cryptocurrency without having to actually purchase it and deal with the complexities of custody,” said Timothy Massad.

U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the last major cryptocurrency bull market.

A new report from Elliptic has found that unregistered securities offerings account for more than half of all crypto-related fines handed out by U.S. regulators.

The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it could bring to American citizens.

CFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms.

While the defendants may have gained an edge in pre-trial rulings in SEC v. Ripple Labs, are Ripple’s legal troubles now over?