CFTC
SEC Sues BitConnect Founder on Fraud Charges
CoinDesk's Nikhilesh De discusses the specifics and implications of the U.S. Securities and Exchange Commission (SEC) filing charges against BitConnect and its founder Satish Kumbhani and a U.S.-based promoter, Glenn Arcaro, alleging fraud worth $2 billion against the crypto lending company. Plus, reactions to CFTC Chair Chris Giancarlo, aka “Crypto Dad,” quitting BlockFi's board after just four months on the job and Binance.US reportedly going public in three years.
LedgerX CEO on Acquisition by FTX.US in Bid for U.S. Crypto Derivatives
Zach Dexter, co-founder and CEO of LedgerX, discusses what’s next for his crypto derivatives firm as it readies to become a wholly-owned subsidiary of Sam Bankman-Fried’s FTX.US by October.
Biden Administration Reportedly Picking Acting Chairman Rostin Behnam to Head CFTC
President Joe Biden’s administration is reportedly considering tapping acting Commodity Futures Trading Commission (CFTC) Chair Rostin Benham for a full term as head of the agency. CoinDesk’s Nikhilesh De discusses what this could mean about the future of crypto regulation. Plus, an update on the Treasury Department’s possible interpretation of the infrastructure bill.
Why Did BitMEX Agree to Pay $100M Penalty to CFTC, FinCEN Settlement?
Crypto derivatives trading platform BitMEX will pay a $100 million penalty to the U.S. Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) to resolve charges of violating the Bank Secrecy Act. 100x Group CEO Alexander Hoeptner discusses his insights into the settlement and outlook for BitMEX. Plus, his advice for crypto firms and the overall industry as crypto regulation comes to focus.
US Regulators Debate Authority Over Crypto Regulation
Which regulators should police crypto, and which cryptocurrencies are securities?
Timothy Massad: Bitcoin ETFs Could Lead to Greater Regulation
Responding to Sen. Elizabeth Warren’s call for SEC to clarify its role on crypto regulations, former CFTC Chairman Timothy Massad suggests that the SEC, despite not having direct authority to regulate crypto exchanges, could approve bitcoin ETFs as a way to “bring some regulatory standards.”
Fmr. CFTC Chairman Calls for Greater Regulatory Oversight of Stablecoins
Harvard University Kennedy School of Government Senior Fellow and former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad discusses his thesis that the popular stablecoin tether could face a disruption comparable to the Reserve Primary Fund "breaking the buck" in 2008. He also comments on CBDCs and the digital dollar he expects will be developed.
The Digital Dollar Foundation and Accenture to Launch Digital Dollar Pilots
The Digital Dollar Foundation and Accenture announced they’re launching five pilot programs to test the US central bank digital currency (CBDC) design and uses.
Sen. Cynthia Lummis on Bill to Create First SEC-CFTC Digital Asset Task Force
The U.S. Senate Banking Committee is considering a bill that would create a digital asset working group to ensure collaboration between regulators and the private sector to foster innovation. Pro-bitcoin committee member and Wyoming Senator Cynthia Lummis weighs in on the legislation and how Congress will receive it.
Ex-CFTC Chair Chris Giancarlo on Why He's Joining BlockFi Board
Former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, aka "Crypto Dad," has joined BlockFi's Board of Directors. Giancarlo discusses his new role and whether or not there are risks of a U.S. regulatory crackdown in the cryptocurrency space.
