Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting
Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance. The annual meeting of the International Swaps and Derivatives Association (ISDA) began Wednesday in Madrid. United States Securities and Exchange Commission (SEC) chairman Gary Gensler and U.S. Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam were both featured as keynote speakers at the event, with Behnam speaking at the morning session, and Gensler in the afternoon. Behnam spoke at length about “a request for an amended....
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The US Commodities Futures Trading Commission (CFTC) recently held a meeting on Bitcoin. The public meeting was held by the CFTC's Global Markets Advisory Committee (GMAC) and was sponsored by CFTC Commissioner Mark P Wetjen. The meeting was first called in September to discuss whether or not the CFTC has jurisdiction over Bitcoin derivatives. The CFTC was joined by expert panelists including Coin Center's Jerry Brito, Law Professor Houman Shadab, TeraExchange's founder Leonard Nuara, and BitPay's Chief Compliance Officer Tim Byun. Together, the group discussed Bitcoin futures' future and....
A commissioner with the Commodity Futures Trading Commission (CFTC), Dawn Stump, has voiced concerns about cryptocurrency regulation through enforcement — the approach taken by both the CFTC and the U.S. Securities and Exchange Commission (SEC).
CFTC Commissioner Stump on Crypto Regulation
CFTC Commissioner Dawn Stump has raised concerns regarding the approach her agency and the U.S. Securities and Exchange Commission (SEC) are taking to regulate the crypto industry. The commissioner is a vocal proponent of clarifying guidelines for crypto assets.
In an....
Turkey’s governing political party has discussed the upcoming crypto regulation in its first metaverse meeting. Ak Party, Turkey’s governing party, held its first metaverse meeting on Monday wherein it discussed upcoming crypto regulation. The Grand National Assembly of Turkey (TBMM) hosted its first meeting in the metaverse, Cointelegraph Turkey reported. Attending the virtual meeting were TBMM group deputy chairmen Mahir Ünal and Mustafa Elitaş along with Ömer İleri, the vice president of Ak Party responsible for information and communication technologies.Physically, Elitaş attended the....
Crypto regulation is inevitable, that seems to be the message coming from U.S. regulatory agencies, government officials, and large players in the space. Once they have understood this, their factions push for what they consider will be most beneficial for the nascent asset class. Related Reading: Celsius Meeting Audio Leaked – Why Staffers Are Reacting […]
A commissioner of the Commodity Futures Trading Commission (CFTC), Mark Wetjen, has spoken out in favour of flexible bitcoin regulation in the derivatives space and beyond. His statements came in the aftermath of a CFTC webcast, organised last week to discuss a number of questions related to digital currencies. On the day, more than 5,000 people across the world tuned in to watch the event, which was by far the largest online audience attracted by a CTFC meeting to date. Notably, more of the viewers were from Guangzhou, China, than Washington, DC, according to the commission. Wetjen has....