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CFTC

CFTC Withdraws ‘Overly Complex’ Actual Delivery Guidance

CFTC Withdraws ‘Overly Complex’ Actual Delivery Guidance

6 months ago by Crypto InsightsCrypto

US Commodity Futures Trading Commission Acting Chairman Caroline Pham has scrapped “outdated guidance” on the delivery of crypto, which has been applauded for offering exchanges more flexibility. “Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is exactly what the… Read More

CFTC Lets Polymarket, PredictIt, LedgerX Off Certain Requirements

CFTC Lets Polymarket, PredictIt, LedgerX Off Certain Requirements

6 months ago by Crypto InsightsCrypto

The U.S. Commodity Futures Trading Commission issued no-action letters to the operators of prediction markets platforms Polymarket, PredictIt, Gemini and LedgerX/MIAX on Thursday, announcing that the companies did not have to meet certain recordkeeping demands as long as they meet other specified requirements, and that… Read More

BTC, ETH, USDC as Collateral in CFTC Crypto Pilot

BTC, ETH, USDC as Collateral in CFTC Crypto Pilot

6 months ago by Crypto InsightsCrypto

The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing select digital assets — bitcoin BTC$91,022.50, ether ETH$3,134.39 and USD Coin (USDC) or other payment stablecoins — to be used as collateral in U.S. derivatives markets. The program, announced by Acting Chairman… Read More

Trump Names SEC Crypto Task Force Head Selig as Next Nominee to Run U.S. CFTC

Trump Names SEC Crypto Task Force Head Selig as Next Nominee to Run U.S. CFTC

7 months ago by Crypto InsightsCrypto

President Donald Trump has named his new choice to lead the U.S. Commodity Futures Trading Commission, formally backing Securities and Exchange Commission lawyer Mike Selig after jettisoning his one-time pick of former CFTC Commissioner Brian Quintenz. The near-term leadership of the Commodity Futures Trading Commission… Read More

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