Spot crypto buying and selling is edging nearer to mainstream finance after US regulators clarified that registered exchanges might facilitate such trades, a transfer that might widen entry for traders and convey extra legitimacy to digital property. The SEC and CFTC launched a joint assertion Tuesday, saying exchanges registered with both regulator aren’t prohibited from…
The Commodity Futures Trading Commission (CFTC) faces a massive leadership vacuum as Democratic Commissioner Kristin Johnson departs September 3, leaving Acting Chairman Caroline Pham as the sole remaining commissioner on the typically five-member bipartisan agency. Pham herself plans to join crypto payments company MoonPay once President Trump’s nominee Brian Quintenz finally receives Senate confirmation. News:…
The US Commodity Futures Buying and selling Fee (CFTC) has launched its subsequent “crypto dash” initiative, increasing to stakeholder engagement. Announced on Thursday, the company is searching for public enter on the way to higher regulate spot crypto buying and selling. Collectively, the @SECGov’s Venture Crypto and the @CFTC’s Crypto Dash are coordinating to reply…
The U.S. District Court docket for the Southern District of New York granted summary judgment, awarding the Commodity Futures Buying and selling Fee (CFTC) $228.6 million in restitution in opposition to Eddy Alexandre and his firm, EminiFX, for working a large crypto Ponzi scheme. Alexandre, who exploited his place inside his church and the Haitian…
The US Commodity Futures Trading Commission (CFTC) has launched an initiative to allow spot crypto trading on exchanges registered under it. CFTC Kicks Off Crypto Sprint With Spot Trading Initiative In a new press release, CFTC acting chairman Caroline D. Pham has announced an initiative aimed at enabling trading of spot crypto contracts listed on…
The Commodity Futures Trading Commission plans to allow spot cryptocurrency trading on exchanges it already regulates, expanding access to digital assets through federally registered futures markets. CFTC Acting Chairman Caroline Pham unveiled the plan on Monday, calling it the first move in the commission’s broader “crypto sprint,” a program aimed at quickly implementing key policy…