Crypto Lending Platforms 'Should Be Regulated': Former CFTC Chairman

2022-6-16 23:43

“A lot of people have losses who didn't understand the risks they were taking,” former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad said on CoinDesk TV’s “First Mover,” following the freezing of account withdrawals on crypto trading platform Celsius.

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chairman cftc former crypto trading said commission

Источник: coindesk.com

chairman cftc → Результатов: 126


CFTC Chair of Prior Year Summons Congress to Move In On Cryptocurrency Regulation Guidelines

Many cryptocurrency firms are unclear about regulations, which makes it extremely difficult for them to ensure that they are abiding by the law. Timothy Massad, the former chairman of the U.S. Commodity Futures Trading Commission (“CFTC”), recently commented on the issue and discussed that Congress needs to fix the issue in the interest of market […]

2019-3-20 18:23


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CFTC Chairman: Crypto and Blockchain Influencing Global Markets

Amongst the many factors that are transforming the global financial market, cryptocurrency and blockchain were singled out by the outgoing CFTC Chairman in a March 14, 2019 speech.   Namedropping The crypto industry and the Commodity Futures Trading Commission (CFTC) are constantly crossing paths, whether they are receiving feedback from the industry or investigating possibleRead MoreRead More.

2019-3-16 02:00


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SEC Sets Up Open Line of Communication for Fintech Projects With FinHub

The U. S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch them.

2018-10-19 01:51


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Former CFTC Chair Advocates ‘Technology Neutral’ Cryptocurrency Regulations

The former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs).

2018-10-18 09:30


CFTC Chair Explains Why US Has Regulated Bitcoin Futures but Not Bitcoin ETFs

The chairman of the U. S. Commodity Futures Trading Commission (CFTC) has explained why bitcoin futures have been approved in the U. S. but bitcoin ETFs have not. He also shared his thoughts on the future of cryptocurrencies and how they can potentially solve currency-related problems in as much as two-thirds of the world’s countries.

2018-10-3 18:50


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CFTC Chairman Believes Bitcoin Is ‘Here To Stay’

Although crypto regulation has been discussed widely for years now, it is still of the biggest issues in the industry to date and has multiple unsolved problems. There isn’t a final decision on how these types of assets should be managed and controlled due to members of such influential governmental bodies such as the SEC (Securities and Exchange Commission) and the CFTC (Commodities Futures Trading Commission) haven’t been able to reach a single opinion on the matter.

2018-10-3 17:30


CFTC Chairman Thinks More Bitcoin Surveillance and Crypto Enforcement is Necessary

In order to have a better enforcement and surveillance of cryptocurrency products, the Commodity Futures Trading Commission will have to spend more on technology, says CFTC Chairman Chris Giancarlo. According to the CFTC’s interpretation, the term “virtual currency” incorporates any digital representation of value that functions as a medium of exchange, as well as any […]

2018-8-19 21:04


CFTC Is Four Years Behind on Crypto Regulation, Chairman Admits

The US Commodity Futures Trading Commission is at least four years behind its peers on crypto regulation, its chairman admitted on July 25. Speaking to the House Committee on Agriculture, Christopher Giancarlo stated that the current regulatory framework restricts it from taking a proactive role in the crypto industry and instead relegates it to dealing […]

2018-7-29 23:00


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U.S. Regulations Round-Up: CFTC Can’t Keep Pace with Crypto, Libertarian Candidate Accepts Bitcoin Donations

In recent regulatory news, the CFTC chairman has warned that the regulator is falling behind its international counterparts with regards to virtual currency and blockchain regulations; a U. S. Congressional bill is advocating the incorporation of cryptocurrencies into the regulatory mandate of FinCEN; and a candidate of the Wisconsin Libertarian Party is accepting donations in the […] The post U.

2018-7-27 00:15


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