CFTC chair Rostin Behnam to resign on Trump’s inauguration day
Rostin Behnam, chair of the U.S. Commodity Futures Trading Commission, will resign on January 20, the same day as Donald Trump’s inauguration as America’s 47th President. Commodity Futures Trading Commission chair Rostin Behnam has announced his resignation from the regulatory watchdog, just two weeks before President Donald Trump is set to be sworn in. During […]
Gemini agrees to pay $5m to settle CFTC charges
Gemini, the crypto exchange founded by the Winklevoss twins, will pay $5 million in penalties to settle with the Commodity Futures Trading Commission. The company agreed to a “proposed consent order” signed by the CFTC on Monday, according to Bloomberg. As part of the settlement, Gemini will pay a $5 million fine for allegedly providing […]
a16z Crypto policy lead Brian Quintenz interviewed for CFTC Chair position: report
Former commissioner and current Chief of Policy at a16z Crypto, Brian Quintenz, is reportedly in the running to lead the Commodity Futures Trading Commission under the Trump administration. According to a Bloomberg report, insider sources who wish to stay anonymous claimed that the former Republican Commodity Futures Trading Commission commissioner has been interviewed for the […]
CFTC accuses pastor of shilling $6M crypto Ponzi to congregants
The CFTC has accused a pastor of promoting a crypto scheme to churchgoers, which it alleged promised guaranteed returns of nearly 35%. Source link
CFTC bags record $17B in 2024 thanks to massive crypto enforcement
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.” Source link
Bitcoin ETF options coming ‘soon’ following CFTC clearance
The U.S. Commodity Futures Trading Commission issued an advisory through its Division of Clearing and Risk stating it would no longer have a role in clearing Bitcoin ETF options. The agency is transferring this responsibility to the Options Clearing Corporation, according to a prepared statement. “[..] In light of relevant precedents in the courts, it […]
Bitcoin ETF options pass 'second hurdle' with CFTC clearance
ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.” Source link
Bitcoin could hit $100K November, Trump mulls crypto-friendly CFTC chair: Finance Redefined
Expectations of improving economic policies under the Trump administration may drive Bitcoin’s price above $100,000 before the end of the month. Source link
CFTC commissioner warns against infringing on SEC’s authority in KuCoin case
CFTC Commissioner Caroline Pham suggested the regulator was “conflating a financial instrument with a financial activity” in its enforcement action against KuCoin. Source link
