Category: CFTC

CFTC Commissioner Says We Are Witnessing a ‘Revolution’, Cryptocurrencies Are a ‘Modern Miracle’

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CFTC Commissioner Says We Are Witnessing a ‘Revolution’, Cryptocurrencies Are a ‘Modern Miracle’

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US Commodity Futures Trading Commission Commissioner Rostin Behnam labeled cryptocurrencies as a “modern miracle” at a recent summit, sharing a bullish stance on virtual currencies and predicting that blockchain technology will remake economic, social and political structures. US Commodity Futures Trading Commission Commissioner Rostin Behnam Behnam discussed cryptocurrencies at the June 4 BFI Summit “Fostering…

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

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Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

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In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies.…