All articles tagged with #cftc
U.S. senators unveiled a draft bill to create a formal crypto regulatory framework that would classify tokens as securities or commodities, grant the CFTC authority over spot markets, set rules on stablecoins and disclosures, and address banking industry concerns—though passage is uncertain as lawmakers debate provisions.
Michael Selig was sworn in as the 16th Chairman of the CFTC, bringing extensive experience in digital asset regulation and financial markets, and emphasizing the agency's role in overseeing innovation and stability in America's evolving commodity markets.
The Senate Agriculture Committee has released a draft of a bill to overhaul cryptocurrency regulation, focusing on empowering the CFTC to regulate digital commodities like bitcoin and ether, amid ongoing negotiations and concerns over bipartisan support and agency staffing. The legislation aims to clarify regulatory frameworks for the crypto market, with key issues including the composition of the CFTC and the influence of political and familial ties in crypto regulation. Meanwhile, other legislative and political developments include efforts to reopen the government, debates over hemp industry regulations, and internal Democratic leadership dynamics.
President Trump has nominated Mike Selig, a crypto-focused lawyer and former CFTC clerk, as the new chair of the Commodity Futures Trading Commission, following the withdrawal of the initial nominee, Brian Quintenz, due to industry pushback. Selig's appointment aims to stabilize the agency's leadership amid ongoing crypto regulation debates.
The White House withdrew Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission amid opposition from crypto industry figures and traditional gaming sectors, as the administration considers new candidates to oversee the agency's expanded role in regulating digital assets.
The White House withdrew Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission amid opposition from crypto advocates and traditional industry groups, signaling a shift in the agency's leadership and its role in regulating digital assets.
The White House withdrew Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission amid opposition from crypto advocates and traditional industries, signaling a shift in the agency's leadership and its role in regulating digital assets.
Acting CFTC Chair Caroline Pham announced new leadership and members for the Global Markets Advisory Committee and its subcommittees, emphasizing the importance of expertise in digital assets and market structure to shape policy and regulatory clarity, with notable appointments including Scott Lucas of J.P. Morgan and Sandy Kaul of Franklin Templeton.
The White House is considering additional candidates, including crypto-focused officials like Michael Selig and Tyler Williams, to lead the CFTC as the confirmation process for Brian Quintenz stalls, amid ongoing discussions about the agency's increased role in digital assets and recent resignations leaving it understaffed.
The SEC and CFTC have issued a joint statement emphasizing the importance of regulatory cooperation to foster innovation in U.S. financial markets, especially in crypto and digital assets, with plans for a roundtable to discuss expanding trading hours, event and perpetual contracts, portfolio margining, and DeFi exemptions to enhance market competitiveness and clarity.
The SEC and CFTC announced a joint effort to harmonize regulations and will host a public roundtable on September 29, 2025, to discuss priorities for creating more coherent and efficient U.S. financial markets.
The SEC and CFTC have issued a joint statement clarifying that registered exchanges are allowed to facilitate trading of certain spot crypto asset products, signaling a move towards supporting innovation and competition in the digital asset markets in the US.
The CFTC's Division of Market Oversight issued an advisory clarifying the registration framework for foreign boards of trade (FBOTs), enabling non-U.S. entities to provide U.S. traders with legal access to global markets, including digital assets, and facilitating a return of crypto trading to U.S. markets under clear regulations.
The U.S. CFTC is planning to unify spot and futures crypto trading under a single regulatory framework through the 'Crypto Sprint' program, aiming to streamline regulation and clarify the roles of different regulators in the sector, in collaboration with the SEC.
The U.S. Commodity Futures Trading Commission (CFTC) announced plans to enable trading of spot crypto assets on registered futures exchanges, signaling a move towards integrating digital assets into traditional finance and aligning with broader pro-crypto policies of the Trump administration, potentially paving the way for wider institutional adoption.