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CFTC Handles its Biggest Bitcoin-Related Fraud Scheme Worth $1.7 Billion

The Commodity Futures Trading Commission (CFTC), a U.S. federal regulatory agency, charged a South African citizen and a global foreign currency commodity pool with alleged fraud and registration violations worth…

Continue ReadingCFTC Handles its Biggest Bitcoin-Related Fraud Scheme Worth $1.7 Billion

SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to…

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SEC boss worries crypto bill undermines financial protections

A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”

Continue ReadingSEC boss worries crypto bill undermines financial protections