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CFTC pushes for additional crypto acquisition reviews

0xMain
January 27, 2023

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In light of the recent demise of the crypto exchange FTX, an official from the US Commodity Futures Trading Commission (CFTC) is urging legislators to grant regulators the power to examine the financial records of any firm seeking to acquire a significant interest...

CFTC commissioner questions FTX institutional investors’ due diligence

0xMain
January 21, 2023

CFTC, commissioner, diligence, due, FTX, Hacking, institutional, investors, questions

The Commodity Futures Trading Commission (CFTC) commissioner, Christy Goldsmith Romero, has questioned the diligence of FTX’s Venture Capitals, given that they did not provide any oversight even with the staggering levels of the now-bankrupt exchange’s poor and unskilled management. Romero’s tough questions Speaking...

Stellar appointed as new CFTC blockchain advisor

0xMain
January 20, 2023

advisor, appointed, Blockchain, CFTC, Hacking, Stellar

The Stellar Development Foundation is reportedly going to become a member of a new advisory board established by the United States Commodity Futures Trading Commission. The CFTC will get guidance from the SDF about blockchain technology and digital assets as the SDF takes...

CFTC issues warning on ‘self-certifying’ crypto products

0xMain
January 19, 2023

CFTC, Crypto, Hacking, issues, products, selfcertifying, warning

A US Commodity Futures Trading Commission (CFTC) senior official plans to issue a warning against letting cryptocurrency exchanges self-certify and list products without prior oversight. The CFTC has always allowed exchanges to certify its other listings, such as commodities. Notably, lawmakers were considering...

CFTC exec demands better guidance for crypto in 2023

0xMain
January 18, 2023

CFTC, Crypto, demands, exec, guidance, Hacking

Caroline Pham, the CFTC commissioner, increased calls for regulators to create streamlined standards for managing cryptocurrencies in 2023. Speaking to Bloomberg, the commissioner revealed that key players within and outside the United States are discussing the possibility of regulating crypto. According to Pham,...