CFTC

Editor’s note: This story has been updated with comment from Coinbase. The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange Coinbase (NASDAQ:COIN) regarding its association with the prediction platform Polymarket, according to a Thursday report...

Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission, on Tuesday announced his resignation from his position, effective Feb. 7. Behnam’s departure marks the end of a seven-year tenure at the agency, beginning in 2017 as a commissioner and later as Chairman. He will...

Gemini Trust has agreed to pay $5 million to resolve allegations of providing false information to the Commodity Futures Trading Commission. The misleading claims were made during the process in which the agency was evaluating a proposed Bitcoin futures contract, specifically relating to whether...

After a surge in betting on prediction markets for outcomes of events like the 2024 U.S. presidential election, the next market that is generating plenty of interest and concern from regulators is the outcome of the murder trial of Luigi Mangione. What Happened: Mangione recently pleaded not guilty...

Brian Quintenz, a prominent figure in digital assets and former Republican commissioner of the Commodity Futures Trading Commission (CFTC), is reportedly a frontrunner to lead the agency under President-elect Donald Trump. What Happened: Quintenz, who currently heads policy for a16z Crypto, the...

Former CFTC Chairman Chris Giancarlo has expressed strong support for the Commodity Futures Trading Commission (CFTC) taking on a larger role in regulating cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC). What Happened: "With adequate funding and under the right leadership, I...

The incoming Donald Trump administration is reportedly planning to extend the regulatory power of the Commodity Futures Trading Commission to oversee a major portion of the cryptocurrency market. What Happened: The CFTC's role could soon expand to include the regulation of spot...

The Federal Bureau Of Investigation, on Wednesday, raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into allegations that the crypto prediction platform allowed U.S.-based users to place bets in violation of regulatory agreements. Coplan responded on...

Commodity Futures Trading Commission chair, Rostin Behnam, has urged Congress to address the regulation of cryptocurrency and election betting legislation. What Happened: Behnam made these remarks during the Securities Industry and Financial Markets Association’s annual meeting Monday, as...

The Commodity Futures Trading Commission (CFTC) has issued an order against Uniswap Labs (CRYPTO: UNI), settling charges related to illegal offerings of digital asset derivatives trading. The agency fined the Delaware-based company, operating out of New York, $175,000. Uniswap also received a...

The House of Representatives’ recent passage of the Financial Innovation and Technology for the 21st Century Act (FIT21), colloquially dubbed the “crypto bill,” has experts cautiously optimistic about the bill’s potential to bring much-needed regulatory clarity. Still,...

House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and House Agriculture Committee Ranking Member David Scott (D-Ga.) have expressed their strong opposition to a bill creating a definition for whether a digital asset is a security or a commodity. What Happened: Quoting an...

The head of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, issued a warning to the cryptocurrency industry, predicting a surge in enforcement actions as the market rebounds and attracts more retail investors. What Happened: Speaking at the recent Milken Institute’s 27th...

The Commodity Futures Trading Commission's Kristin Johnson proposed recommendations such as heightened penalties to address artificial intelligence in financial markets, including decentralized finance. In a speech delivered at the Sidley Austin and Rutgers Law School Fintech and...

Crypto asset manager Grayscale Investments is advocating for the U.S. Securities and Exchange Commission (SEC) to approve options trading on its Bitcoin (CRYPTO: BTC) ETF, aiming to diversify its investor base. What Happened: Grayscale CEO Michael Sonnenshein recently highlighted the...