Senate committee approves cryptocurrency regulation bill for the CFTC
Senate Advances Cryptocurrency Regulation Bill U.S. Senator John Boozman from Arkansas spoke as Brian Quintenz, who was nominated by President Donald Trump to lead the Commodity Futures Trading Commission (CFTC), testified during a Senate hearing on June 10, 2025, in Washington, D.C. Recently, the Senate Agriculture Committee voted to move forward with the Cryptocurrency Market […]
Senator Booker: Slim Chances for Crypto Legislation Without Democrats in CFTC, SEC Positions
Simply put Cory Booker and several other Democrats are worried that the Supreme Court may soon permit President Trump to dismiss officials from independent agencies at his discretion, which could weaken bipartisan oversight. The Cryptocurrency Market Structure Act is aimed at empowering agencies like the CFTC and SEC in shaping cryptocurrency regulations. Democrats are considering […]
CFTC to Test Tokenized Collateral in Derivatives Markets Beginning with Bitcoin, Ethereum, and USDC
Simply put This pilot program will enable futures commission merchants (FCMs) to accept Bitcoin, Ethereum, and USDC as margin, with enhanced reporting requirements. The updated guidance specifies how tokenized U.S. Treasury securities and money market funds can be incorporated under existing CFTC regulations. Notably, a prior staff recommendation that limited the use of digital assets […]
BTC, ETH, and USDC Used as Collateral in CFTC Crypto Pilot
CFTC Launches Pilot Program for Digital Assets The Commodity Futures Trading Commission (CFTC) has initiated a pilot program targeted at certain digital assets, including Bitcoin and Ethereum, which can be utilized as collateral in the U.S. derivatives market, along with stablecoins like USD Coin (USDC). This program was revealed by Acting Chairman Caroline Pham and […]
Spot crypto trading guided by U.S. CFTC set to launch, creating a new regulated space
CFTC Guides New Cryptocurrency Trading Framework The U.S. Commodity Futures Trading Commission (CFTC) has introduced a new guideline that will, for the first time, allow regulated platforms to launch leveraged spot cryptocurrency products. This move is set to take effect next week at Bitnomial Exchange. Bitnomial, which operates under the supervision of the U.S. Derivatives […]
Selig, Trump’s Choice for CFTC, Informs Senators That Crypto is a ‘Critical Mission’ for the Agency
Hearing on CFTC Nomination Mike Selig, nominated by President Donald Trump to lead the Commodity Futures Trading Commission (CFTC), expressed his support for the administration’s plans regarding the regulation of U.S. cryptocurrencies during a recent confirmation hearing. He underscored the significance of the CFTC in overseeing these developments. The Senate Agriculture Committee is set to […]
Acting CFTC chair verifies efforts to initiate leveraged spot crypto trading on regulated exchanges
Regulators Discuss Spot Trading in Cryptocurrencies Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), has confirmed that the agency is in talks with regulated exchanges to potentially start spot trading in cryptocurrencies soon. This could include leveraged offerings as early as next month. Responding to a CoinDesk article published on Sunday, […]
Trump selects crypto regulator Mike Selig to lead CFTC after retracting nominee
Almost a month after the Trump administration pulled Brian Quintenz’s nomination, President Trump has put forward Mike Selig as the new candidate to lead the Commodity Futures Trading Commission (CFTC). David Sachs, who heads AI and cryptocurrency initiatives at the White House, praised Selig as an “excellent choice” in a Saturday morning announcement. He emphasized […]
Trump administration removes Brian Quintenz from consideration for CFTC position
Updated (October 1, 1:20 am UTC): This article now includes comments from Brian Quintenz along with additional details. The Trump administration has decided to withdraw Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission (CFTC). Quintenz expressed to Cointelegraph, echoing Politico’s report, that it was a significant honor to be nominated. “Going through the […]
Administration takes back nomination for CFTC chair.
The Trump administration has pulled its nominees for leading the Commodity Futures Trading Commission (CFTC), as confirmed by White House officials on Tuesday evening. Brian Quintenz, who is currently the global policy director at A16Z Crypto and previously served as a CFTC commissioner, was selected by President Trump in February to take on a larger […]