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In a new report, the Financial Stability Oversight Council (FSOC), a regulatory panel comprising leading financial regulators, identified areas in crypto regulation with: limited oversight of the spot market for…
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose.
The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a…
Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States.
Crypto and commodities derivatives trading exchange Digitex is being sued by the CFTC for offering its services illegally. The regulatory agency also made the unprecedented decision of suing a DeFi...
The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening.
Several crypto projects could face enforcement action under recently proposed regulatory guidelines. U.S. Moves Toward Crypto Regulation The U.S. government is getting to grips with digital asset regulation. In recent...
The Commodity Futures Trading Commission (CFTC) has filed an enforcement action lawsuit against Ooki DAO, a crypto margin trading and lending platform for engaging in digital asset margin trading that…
In the lawsuit, the Commodity Futures Trading Commission claimed that “DAOs are not immune from enforcement and may not violate the law with impunity.” CFTC Sues Ooki DAO in Landmark...
The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.