Andreessen Horowitz hires Former CFTC boss as an advisor
Andreessen Horowitz venture capital firm which is also known as a16z has brought former United States CFTC commissioner Brian Quintenz aboard its operation as an advisor. Over the last several years, cryptocurrency regulation has become a more important concern. Andreessen Horowitz, a venture capital firm, has hired a former leader of the United States Commodity […]
The agency has broad enforcement authority on crypto derivatives – CFTC commissioner
Dawn Stump, one of four current commissioners of the Commodity Futures Trading Commission, or CFTC, has issued a statement defining the agency’s power over digital assets and cryptocurrencies. Stump said in a statement on Monday that the CFTC has both regulatory and enforcement authority over commodities. “Even if a digital asset is a commodity , […]
FTX US Head Wants Crypto Derivatives Trading Within Year
Mr. Brett Harrison, president of the FTX affiliate in the United States of America, is clearing the way for crypto futures trading on the exchange. The cryptocurrency exchange FTX has quickly risen to the top of the cryptocurrency consciousness in the United States. Consider the company’s long-term agreement to name the Miami Heat arena, as […]
BitMEX to pay about $100M in penalties to FinCEN and CFTC
Cryptocurrency derivatives exchange BitMEX will pay about $100 million to the Financial Crimes Enforcement Network (FinCEN) and Commodity Futures Trading Commission (CFTC) for illegally operating a crypto trading platform. The US District Court for the Southern District of New York had entered a consent order for HDR Global Trading Limited, 100x Holding Limited, ABS Global […]
SEC has no jurisdiction over cryptocurrency, says CFTC commissioner
According to Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), the CFTC is the only U.S. regulatory agency with experience in regulating Bitcoin and cryptocurrency markets and not SEC. The Securities and Exchange Commission (SEC) of the United States has expanded the scope of its oversight of the cryptocurrency industry, but a […]