Bitcoin News / Bitcoinist - 11 months ago
Crypto regulation took center stage as Republican lawmakers released a draft bill on Friday. Spearheaded by influential Republican members, Reps. Patrick McHenry and Glenn Thompson, the bill outlines their proposed framework for regulating digital as...
Bitcoin News / Bitcoinist - 11 months ago
As the crypto industry continues to grow and mature, regulators are continuously taking steps to ensure that the industry is subject to appropriate oversight and regulation. The Commodity Futures Trading Commission (CFTC) has published an advanced n...
Cryptocoins News / The Cointelegraph - 11 months ago
Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management. Christy Goldsmith Romero,...
Cryptocoins News / The Cointelegraph - 11 months ago
The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part. The United States Commodity Futures Trading...
Cryptocoins News / The Cointelegraph - 11 months ago
Ether can simultaneously be a security and commodity under the regulatory scope of the SEC and CFTC, former CFTC commissioner Dan Berkovitz claimed. Ethereum’s native...
Cryptocoins News / The Cointelegraph - 11 months ago
Ether can simultaneously be both a security and commodity, meaning it lies under the regulatory scope of two federal agencies, according to former Commodities Futures Trading Commission C...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
South Africa-based Cornelius Johannes Steynberg was fined $3.4 billion for running an unregistered Bitcoin commodity pool operation, the CFTC announced in a Thursday statement.Steynberg founded Mirror Trading International (MTI), a BTC...
Cryptocoins News / CoinJournal - 1 year ago
This is the largest fraud case involving Bitcoin that CFTC has cracked so far.
The case involved the CEO of Mirror Trading International Proprietary Limited (MTI).
Half of the $3.4B will go toward providing restitution to victims of MTI’s frau...
Cryptocoins News / The Cointelegraph - 1 year ago
The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary penalty ordered in a CFTC case.” A record-breaking...
Cryptocoins News / Blockchain - 1 year ago
CFTC Commissioner Christy Goldsmith Romero has proposed reducing the anonymity of cryptocurrencies as a means of managing associated risks. Romero spoke at City Week 2023 in London, stating that market integrity, national security, and financial stab...
by COINS NEWS - 1 year ago
Illicit Finance and Other Key Risks of Digital Assets: Keynote at City Week 2023 CFTC Commissioner Christy Goldsmith Romero in London Source: https://www.cftc.gov/PressRoom/SpeechesTestimony/oparomero8 Highlights: "The CFTC will aggressi...
Cryptocoins News / EthereumWorldNews - 1 year ago
The CFTC is reportedly in communication with Binance over the ongoing lawsuit regarding the exchange’s conduct.Commissioner Kristin Johnson revealed that the regulator hopes to find a path forward with the crypto exchange.& The commissioner didn...
Cryptocoins News / The Cointelegraph - 1 year ago
Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws...
by COINS NEWS - 1 year ago
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Rashawn Russell, a former Deutsche Bank investment banker, in the US District Court for the Eastern District of New York. The filing alleges that Russell fra...
Cryptocoins News / The Cointelegraph - 1 year ago
The head of the CFTC, Rostin Behnam, recently spoke out against Binance and its leadership at a public-facing event held at Princeton University. Rostin Behnam, Chai...