08 Sep 2022

SEC Chair Gary Gensler Backs Giving CFTC Bitcoin Oversight

At an industry conference today, Securities and Exchange Commission (SEC) chief Gary Gensler said that he supports handing the Commodity Futures Trading Commission (CFTC) the power to “oversee and regulate crypto nonsecurity tokens and related intermediaries.” Gensler stressed that should Congress give the CFTC prime oversight over crypto, his own

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31 Aug 2022

Cryptocurrency fraud prevention: House panel calls on regulators to explain how they’re protecting consumers

A House oversight subcommittee asked regulators and industry leaders on Tuesday to explain what they are doing to stop cryptocurrency fraud and other scams perpetrated on consumers. Illinois Rep. Raja Krishnamoorthi, head of the Economic and Consumer Policy subcommittee, asked leaders of the Treasury Department, Securities and Exchange Commission, Commodity Futures

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04 Aug 2022

CFTC Would Become Primary Crypto Regulator Under New Senate Committee Plan

The Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission, introduced a bipartisan bill Wednesday that would grant the CFTC “exclusive jurisdiction” over cryptocurrency trades that meet commodities law. The Digital Commodities Consumer Protection Act of 2022, sponsored by Senators Debbie Stabenow (D-Mich.), John Boozman (R-Ark.), Cory Booker (D-N.J.)

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26 Jul 2022

CFTC Announces New Tech Innovation Office to Oversee Crypto

The regulator which could soon be responsible for more of the US’s crypto oversight is beefing up its technology team, the agency’s chief said on Monday. The Commodities and Futures Trading Commission (CFTC), which stands to gain greater authority over digital assets under the proposals of a bipartisan congressional bill, is

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