WebFeb 9, 2024 · Senate Hearing on Regulating Cryptocurrency Markets Commodities Futures Trading Commission (CFTC) Chair Rostin Behnam testified at a Senate Agriculture Committee hearing on the regulation and…... Web1 day ago · The world’s largest cryptocurrency exchange, Binance, has been hit with a lawsuit by US regulator the Commodity Futures Trading Commission (CFTC). This is …
A Flurry of CFTC Actions Shock the Cryptocurrency Industry
WebFeb 16, 2024 · The need to clarify the meaning of actual delivery in virtual currency transactions became more pronounced in 2016, when the CFTC brought its first enforcement action against a trading platform that offered retail commodity transactions in virtual currency without registering with the CFTC. Webcryptocurrency. In 2015, the CFTC came forward and defined Bitcoin and other virtual currencies as commodities under the U.S. Commodity Exchange Act (the CEA).1 Defining cryptocurrency as a commodity The CFTC was established in 1974 to provide oversight of markets previously under the jurisdiction of the U.S. Department of Agriculture. specific gravity of hydrogen gas
BTC is hovering around $27K after the CFTC moves on Binance
WebApr 14, 2024 · Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), has addressed Binance with sharp criticism over its incompliance with US laws. … Web19 hours ago · The head of Commodity Futures Trading Commission admonished Binance Holdings Ltd over its compliance with US rules after the derivatives regulator sued the crypto exchange and its chief executive ... WebMay 20, 2024 · It’s a mess. The SEC, CFTC, IRS, FinCEN and Congress all want a piece of crypto oversight. The confusion has some in the industry calling for clearer regulations. The wild swings in crypto prices this year have enthralled and disheartened investors, alarmed Wall Street and focused the attention of regulators and lawmakers who already had ... specific gravity of iron oxide