Bitcoin News / Bitcoin.com - 2 years ago
A commissioner with the Commodity Futures Trading Commission (CFTC), Dawn Stump, has voiced concerns about cryptocurrency regulation through enforcement — the approach taken by both the CFTC and the U.S. Securities and Exchange Commission (SEC...
Cryptocoins News / The Cointelegraph - 2 years ago
“We should act now to improve access to financial services through other means as well — the need is too great," said Tim Massad. Tim Massad, who served as chair of th...
Cryptocoins News / The Cointelegraph - 2 years ago
Rostin Behnam said it was "critically important to have a primary cop on on the beat" of an emerging market that included cryptocurrencies and stablecoins. Acting chai...
Cryptocoins News / The Cointelegraph - 2 years ago
Polymarket is believed to have hired former CTFC enforcement head James McDonald to handle the probe. New York-based decentralized prediction market Polymarket has com...
Bitcoin News / Bitcoin.com - 2 years ago
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses...
Cryptocoins News / The Cointelegraph - 2 years ago
The settlement triggered concerns that the CFTC's role in stablecoin regulation could be misunderstood by the public. On Oct. 15, the Commodity Futures Trading Commiss...
Bitcoin News / Bitcoin.com - 2 years ago
The Commodity Futures Trading Commission (CFTC) has charged 14 trading platforms that claim to offer crypto-related investments but have either failed to register with the CFTC or falsely claimed to be registered. These websites also exhibit other si...
Cryptocoins News / The Cointelegraph - 2 years ago
The listed crypto options providers named by the CFTC include relatively unknown names such as Bitfxprofit, Star FX Pro, Smarter Signals and BinanceFx Trade. The Comm...
Bitcoin News / Bitcoin.com - 2 years ago
The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing...
Cryptocoins News / CoinJournal - 2 years ago
The CFTC says the penalty is one of the actions it’s taking to protect US investors
Kraken, one of the leading US-based cryptocurrency exchanges, has been fined by the Commodity Futures Trading Commission (CFTC) for offering unregulated crypto...
Cryptocoins News / NewsBTC - 2 years ago
One of the biggest cryptocurrency exchanges, Kraken, received a $1.25M fine. The Commodity Futures Trading Commission imposed the “civil monetary penalty” plus a cease and desist from “further violations of the Commodity Exchange Act (CEA)” on Septem...
Cryptocoins News / The Cointelegraph - 2 years ago
“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws an...
Cryptocoins News / The Cointelegraph - 2 years ago
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive," and hinted that decentralized finance platforms were likely illegal under the Commodit...
Cryptocoins News / The Cointelegraph - 2 years ago
"We’re not necessarily looking for more authority without more resources," said Dan Berkovitz in regards to crypto markets. Dan Berkovitz, one of three commissioners c...
Cryptocoins News / The Cointelegraph - 2 years ago
The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise? On Sept. 14, United...
Cryptocoins News / The Cointelegraph - 2 years ago
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote. President Joe Biden has tapped acting chairperson of the Commodity Futures Trading...
Cryptocoins News / The Cointelegraph - 2 years ago
The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation. Crypto regulation has become an increasingly relevant topic over...
Cryptocoins News / The Cointelegraph - 2 years ago
"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,"...
Cryptocoins News / The Cointelegraph - 2 years ago
Quintenz's 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure. Brian Quintenz, who has served as one of t...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets.
SEC and CFTC...