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US regulator touts to ‘aggressively police' crypto in new report
21.10.2022
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year
Over a Fifth of Cases in CFTC’s 2022 Crackdown Were Crypto-Related
20.10.2022
The federal regulator’s annual enforcement results revealed that over 20% of the CFTC’s enforcement actions in 2022 involved crypto
'Secretly circulating' draft crypto bill could be a ‘boon’ to DeFi
20.10.2022
A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.”
Three Arrows Capital Under Investigation by SEC and CFTC After Bankruptcy
18.10.2022
American regulators have launched investigations into the activities of bankrupt Singaporean hedge fund Three Arrows Capital (3AC), with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), seeking to identify the reasons and responsible persons behind...
Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
18.10.2022
Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s...
DAOs Aren't People, Crypto Lawyers Tell Court in CFTC's Ooki Case
18.10.2022
The Commodity Futures Trading Commission shouldn't be able to serve an entire decentralized autonomous organization (DAO) at once, but rather, should serve the people in it, a group of lawyers said in an amicus filing Monday
SEC, CFTC Probing Bankrupt Crypto Hedge Fund Three Arrows Capital: Report
17.10.2022
The federal agencies are looking into whether Three Arrows misled investors about its balance sheet and whether the hedge fund should have registered with them
Crypto Venture Capital Fund Paradigm Also Wants CFTC to Serve Ooki DAO's Members
17.10.2022
Crypto venture capital fund Paradigm Operations has asked a federal court for permission to join two other groups in arguing that the Commodity Futures Trading Commission (CFTC) should serve the members of a decentralized autonomous organization (DAO) directly, rather than through a generic website...
Bankman-Fried '100%' supports knowledge tests for retail derivatives traders
17.10.2022
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto
The CFTC's Ooki Dao action is a bad omen for American crypto developers
17.10.2022
Decentralized autonomous organizations (DAOs) were supposed to be regulation-proof. Federal regulators now have targeted not just a DAO, but also its investors
CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
15.10.2022
FTX’s proposal to cut out the middlemen in U.S. crypto derivatives has shaken traditional financial firms, but the chairman of the Commodity Futures Trading Commission (CFTC) said the idea could mark an “evolution” in the way markets work
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
14.10.2022
The Commodity Futures Trading Commission (CFTC) needs to redefine how it sets rules for retail investors now that the agency seems likely to take on oversight of spot crypto trading, said Commissioner Christy Goldsmith Romero. She intends to propose a new retail investor definition, she said Friday...
SEC Chairman Says CFTC Should Get More Power to Oversee Stablecoins: Report
14.10.2022
Gensler pointed out that the CFTC does not have direct authority to write rules for the firms that issue stablecoins
US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC
13.10.2022
A federal judge ruled late Wednesday that LeXpunK Army and the DeFi Education Fund could file friends of the court motions. The crypto advocates want to convince him that the CFTC should identify individual Ooki DAO members, rather than serve them all at once through a website portal
Ooki DAO Case So ‘Egregious,’ CFTC Had No Choice, Chair Behnam Says
11.10.2022
The controversial case against Ooki DAO was “so egregious and so obvious” that the U.S. Commodity Futures Trading Commission (CFTC) had to pursue it, said Chairman Rostin Behnam
‘Fear’ May be Keeping Ooki DAO From Mounting Defense Against CFTC
11.10.2022
No one voted the first time an Ooki DAO member tried to gather support for a legal defense effort. Just three people have voted in favor of a second effort
CFTC’s Regulation by Enforcement Needs to Change, Commissioner Says
6.10.2022
Commodity Futures Trading Commissioner Summer K. Mersinger, joined CoinDesk TV’s “First Mover,” to discuss the implications of enforcement by regulation and why it could be setting a “dangerous” precedent
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
5.10.2022
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly...
Second Crypto Group Objects to CFTC's Use of Chat Bot to Serve Legal Papers
5.10.2022
The DeFi Education Fund, a D.C.-based organization, has filed to join the Ooki DAO case in hopes of blocking the CFTC from being able to serve the DAO through a website post
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’
5.10.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto...