According to Cointelegraph, Chris Giancarlo, a former chairperson of the US Commodity Futures Trading Commission (CFTC), said: "Bitcoin was designed to define its scarcity. You can never have more than a certain amount of bitcoin. Bitcoin is appreciating rapidly."
On February 8th, according to Cointelegraph, the former chairperson of the US Commodity Futures Trading Commission (CFTC), Rostin Behnam, has officially resigned on February 7th, and President Trump has not yet nominated a successor. Behnam had announced on January 7 that he would step down as chairperson on the day of Trump's inauguration, and Caroline Pham was subsequently elected as acting chairperson. At present, the five-member committee is divided between Republicans and Democrats. While t...
Caroline Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), said the commission has gone too far in its fight against prediction markets and that overturning its rules, orders and court arguments would take a lot of energy. Pam, who was appointed by President Donald Trump to run the Commodity Futures Trading Commission (CFTC), has been moving quickly to overturn the policy positions of the previous Democratic leadership of the derivatives regulator. The CFTC will soon sc...
The outgoing chairperson of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, has renewed his call for Congress to fill the crypto regulatory void. He said he would continue to advocate for the CFTC to move forward even if he no longer serves as chairperson. When the Wall Street Journal's...
According to Cointelegraph, Chris Giancarlo, former chairperson of the US Commodity Futures Trading Commission (CFTC), said: "Bitcoin was designed to be scarce. You can never have more than a certain amount of Bitcoin. Bitcoin is appreciating rapidly."
U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger delivered a speech at the North American Blockchain Summit, calling for the development of cryptocurrency standards policies through a formal notification and deliberation process. Mersinger said there are problems with regulators' current "enforcement-style regulation" approach to the cryptocurrency industry, specifically mentioning the case of Uniswap Labs. She emphasized that the CFTC is "a cryptocurrency cash mark...
Lawyers for the US Commodity Futures Trading Commission (CFTC) argued in a brief to an appeals court that a federal judge "erred" in allowing prediction market Kalshi to list and trade election contracts, reiterating many of the arguments it had made in lower courts. Judges ruled last month that the CFTC could not bar Kalshi from listing election contracts. Regulators applied to the appeals court for a stay of execution to prevent the company from launching the product pending the outcome of an ...