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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...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
5.10.2022
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial...
CFTC can issue summons through Ooki DAO's help chat box, says judge
4.10.2022
A federal judge said the court’s decision was based on the CFTC effectively serving the Ooki DAO by providing the necessary documents in its Sept. 22 lawsuit
With Crypto Governance in CFTC Crosshairs, Sushi Exchange Mulls Legal Shakeup
4.10.2022
Outside lawyers have told SushiSwap to restructure around legal entities. In the wake of Ooki, will the DAO listen?
Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network's P2P Market to Enable Toncoin Trade on Telegram + More News
4.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network's P2P Market to Enable...
Court Rules CFTC Legally Served Ooki DAO Through Help Bot
4.10.2022
The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
3.10.2022
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose
CFTC Chairman on US Crypto Regulation: We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity
3.10.2022
The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC are working together...
Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status
2.10.2022
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing...
CFTC takes legal action against Digitex futures exchange and CEO
30.9.2022
Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States
CFTC Charges Digitex Founder Adam Todd With Running Illegal Crypto Derivatives Trading Platform
30.9.2022
Adam Todd, the founder of crypto futures and spot market exchange Digitex, has been charged by the Commodity Futures Trading Commission (CFTC) for multiple violations of the Commodity Exchange Act (CEA)
Breaking Down the SEC and CFTC’s Autumn Wave of Enforcement Actions
29.9.2022
Critics claim the regulators’ enforcement-first approach sets dangerous precedents in the absence of clear guidance for projects
Ooki DAO members explore options in response to CFTC lawsuit
29.9.2022
Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC
Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Chairman Behnam Says
29.9.2022
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Thursday that CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin
CFTC Commissioner Kristin Johnson touts DCCPA bill in market risk advisory meeting
28.9.2022
The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening