The disagreement over whether the SEC or CFTC should regulate memecoins points to confusion arising from the lack of a clear regulatory framework for digital assets.
CFTC News
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Commissioner Christy Goldsmith Romero has said she’ll exit the CFTC once Donald Trump’s pick for chair, Brian Quintenz, is confirmed by Congress, Reuters reports.
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The crypto industry has been lobbying Congress to wrestle regulatory oversight of digital assets from the SEC to the CFTC.
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US President Donald Trump has hit the ground running with a number of pro-crypto appointments and policies.
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World ID Orb verifications are available in the Philippines, Boyaa Interactive predicts a profit surge while Eliza Labs founder’s X account was hacked.
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Brian Quintenz’s use of the Web3 social media platform signals his friendly stance toward crypto.
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Former CFTC Commissioner Brian Quintenz will return in the top spot after a stint at a16z, paving the way for crypto-friendly regulation.
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President Donald Trump is reportedly planning to pick Brian Quintenz — the head of policy at a16z’s crypto arm — as the next chair of the Commodity Futures Trading Commission.
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Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.”
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Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.
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Acting CFTC Chair Caroline Pham announced on Feb. 4 that the commission would essentially end its practice of regulation by enforcement.
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Acting CFTC Chairman Caroline Pham called the pilot program a “groundbreaking initiative” for the nascent digital asset sector.
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As of Feb. 7, the White House had not issued any statement suggesting that Donald Trump would nominate a CFTC commissioner to replace Rostin Behnam.
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The Winklevoss brothers are reportedly considering another IPO for Gemini after deciding not to pursue a public listing in 2021.
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The commission will divide its enforcement responsibilities into two task forces focused mainly on “complex fraud” and retail fraud.
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