CFTC Is Suing a DAO. Here’s Why DeFi Users Should Be Alarmed
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...
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CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case
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.
CFTC commissioner visits Ripple offices as decision in SEC case looms
The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security.
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes…
White House publishes ‘first-ever’ comprehensive framework for crypto
The fact sheet sums up the efforts of nine federal agencies’ research over the past six months.
Industry reps suggest improvements to Stabenow-Boozman crypto regulation bill
The crypto spokespeople testified before the Senate Agriculture Committee on Thursday with analyses of the bill’s strengths and recommendations for its weaknesses.
Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam
The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.
Crypto bill needs clarification on ‘digital commodity’ — Sheila Warren
CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections.
SEC chair Gensler holds tight to his crypto position in preview of Senate testimony
The official will testify before the Senate Committee on Banking on Sept. 15; in a transcript released early, he reiterates the primacy of securities law in crypto regulation.
Sen. Lummis: My legislation would empower the SEC to protect consumers
Lummis-Gillibrand would allow the SEC to figure out which cryptocurrencies fall under its regulatory purview, leaving the rest to the CFTC.
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