CFTC
CFTC To Explore Stablecoins for Derivatives Collateral
The US Commodity Futures Trading Commission is looking to allow tokenized assets, including stablecoins, to be used in derivatives markets as collateral in a move supported by crypto executives. CFTC acting chair Caroline Pham said on Tuesday that her agency will “work closely with stakeholders” on the scheme and is encouraging feedback on using tokenized […]
OKX Built a Perps DEX But Paused Launch Citing CFTC Crackdown
Crypto exchange OKX built a decentralized perpetuals trading platform akin to Hyperliquid and Aster but held off launching it over regulatory concerns, its founder says. The Web3 arm of OKX developed the unnamed platform in 2023, OKX founder and CEO Star Xu said in an X post on Sunday. “Hyperliquid proved that massive success in […]
Trump Weighs New CFTC Chair Picks As Quintenz Stalls
The Trump administration is reportedly considering a slate of new candidates to lead the Commodity Futures Trading Commission, as Brian Quintenz’s confirmation has stalled. New candidates being discussed include Michael Selig, chief counsel to the Securities and Exchange Commission’s crypto task force and a former asset management attorney, and Tyler Williams, Treasury counselor on digital […]
Prospective CFTC Chair Releases Private Texts With Winklevoss Twins
Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), has made public several texts between himself and Gemini co-founders Cameron and Tyler Winklevoss, suggesting reasons why the brothers may have attempted to interfere with his nomination to the agency. In a Wednesday X post, Quintenz said he had […]
CFTC Adopts Nasdaq Financial Market Monitoring Tool to combat Market Manipulation
The Commodity Futures Trading Commission (CFTC), a US financial regulator, is integrating a financial surveillance tool developed by stock exchange company Nasdaq in a bid to overhaul its 1990s infrastructure. Nasdaq’s software is focused on detecting market abuse, including insider trading activity and market manipulation in equities and crypto markets, Tony Sio, head of regulatory […]
Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair
Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination. […]