The crypto regulatory landscape is witnessing the most crucial disputes of all time. On Monday, the US Commodity Futures and Trading Commission (CFTC) pulled Binance into a lawsuit, accusing the exchange’s compliance system — calling it a “sham.” Markedly, Binance CEO Changpeng Zhao (CZ) recorded his reply to the regulator
The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators the authority to examine the books of any firm seeking to acquire a significant interest in any registered market player. Commissioner Kristin Johnson has proposed that Congress pass legislation to close the current oversight
The cryptocurrency exchange FTX collapse called the commissioner of the Commodity Futures Trading Commission (CFTC) to stop allowing crypto exchanges to “self-certify” and list tokens in an unregulated way. CFTC commissioner Christy Goldsmith Romero stated that; I urge Congress to avoid permitting newly-regulated crypto exchanges to self-certify products for listing,
The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the United States District Court of Southern District of New York on Monday against the “Mango Markets exploiter” Avraham Eisenberg for indulging in illicit market manipulation. This is the first time CFTC will charge an illegitimate trader with
Andreessen Horowitz, better known as a16z, a crypto venture capital company, has announced that Brian Quintenz will now serve as its full-time head of policy. After serving as a commissioner of the CFTC under both Obama and Trump. Quintenz initially joined a16z in September 2021 as a senior adviser. During
Ripple’s APAC (Asia Pacific) policy director said that the collapse of FTX is exactly why crypto needs to move away from the hype cycle and towards real utility. He also described that the FTX fall is incredible damage for the crypto space, but it says that the industry should stand
She stated her intention to offer a new retail investor definition. Christy would begin by posting a more casual idea on the website and soliciting feedback. Given that the CFTC is expected to assume responsibility for spot crypto trading. Commissioner Christy Goldsmith Romero has said that the agency has to
Quintenz is now an adviser partner at Andreessen Horowitz. Upon leaving the CFTC, he supervised the listing of BTC futures contracts in the U.S. Former CFTC Commissioner Brian Quintenz has acknowledged that the cryptocurrency sector has valid complaints about the Securities and Exchange Commission (SEC). But he does not attribute
A few hours after the lawsuit was filed, DGTX dropped 12% to a value of zero. In October of 2018, DGTX hit a record high price of $0.16. Digitex’s founder, Adam Todd, has been sued by the CFTC for allegedly operating an unlicensed exchange for crypto derivatives. The CFTC claims
On Thursday, Rostin Behnam, chairman of the CFTC, predicted that Bitcoin’s value might “double in price” if it were sold in a CFTC-regulated market. The chairman noted that the crypto market has “a massive opportunity for institutional inflows that will only occur if there’s a regulatory structure.” The remarks come
