Though Sam Bankman-Fried could not attend the congressional hearing virtually due to his recent arrest in the Bahamas, United States lawmakers held no punches...

The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX...

The Digital Commodities Consumer Protection Act (DCCPA) bill has been delayed.In a congressional hearing on Dec. 1, Senators Debbie Stabenow and John Boozman confirmed...

The biggest news in the crypto-verse for Dec. 1 includes November finishing as the second-worst month for Bitcoin and fourth-worst for...

October 25, 2022       /       Unchained Daily       /       Laura Shin What’s Poppin’? MakerDAO Partners With Coinbase Amid Centralization Concerns by Juan Aranovich Coinbase[...]

The post Coinbase Adds $1.6 Billion to Its Custody 🤑 appeared first on Unchained Podcast.

The US president will reportedly sign a long-anticipated executive order directed toward furthering crypto regulation in the country

The post Joe Biden To Sign Executive Order on Crypto This Week: Report appeared first on Blockworks.

Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC,...

Coinbase Global Inc., Gemini Trust Co. and Robinhood Markets Inc. are among firms helping to build a platform to comply with a U.S. money-laundering rule as crypto and financial-technology companies seek to satisfy existing requirements and head off stricter oversight. A group of 18 companies is setting up the platform to help meet conditions of […]

US Securities Exchange Commission (SEC) Chief Gary Gensler said that the securities regulator is working with the Commodity Futures Trading Commission (CFTC) over crypto guidelines. What’s more, he also said that to ensure investor protection, the SEC is ‘trying to work with different crypto platforms, exchanges, lending platforms.’ In an interview with Bloomberg, SEC Chairman […]

SEC Chief Gary Gensler today said that the securities regulator is working together with the Commodity Futures Trading Commission (CFTC) over crypto guidelines. What’s more, he also said that to ensure investor protection, the SEC is ‘trying to work with different crypto platforms, exchanges, lending platforms’. In an interview with Bloomberg, SEC Chairman Gary Gensler

The post “U.S. Is Working On Crypto Regulations”- SEC Chief Gary Gensler appeared first on CoinGape.

The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler recently stated that the regulatory agency is working with the Commodity Futures Trading Commission (CFTC) on regulating cryptocurrencies. Appearing in an interview with Bloomberg this week, SEC Chief Gary Gensler was asked on the state of crypto regulation in the US to which he replied “We do have a broad agenda and crypto is part of that agenda.” To make this possible, the securities regulator is working with the American derivatives market regulator, Commodity Futures Trading Commission (CFTC). “We are going to work with the Commodity Futures Trading Commission (CFTC) where there are some commodity tokens. While many of these are securities, some may be under their remit. We work together as two federal agencies,” Gensler added. On Wednesday, the Wall Street Journal reported that the Chairman of the Commodity Futures Trading Commission, Rostin Behnam called out lawmakers to grant the agency authority to regulate cryptocurrencies as such assets are in great need of protection, according to him. Behnam is of the view that the Congress should pass a law that would allow CFTC to regulate certain types of cryptocurrencies while providing funding to conduct additional oversight. Currently, the agency is limited to only regulating derivatives. According to him, such legislation would aim to fill a regulatory gap, as some types of cryptocurrency fall outside the jurisdiction of the federal government’s including the Securities and Exchange Commission (SEC). Behnam’s appeal came just a day after the US Justice Department seized over $3.6 billion worth of Bitcoin stolen during the hack of Bitfinex cryptocurrency exchange, its largest financial seizure ever.

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