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 […]
Future CFTC chair shares private messages with Winklevoss twins just before IPO
Brian Quintenz, who has been nominated by President Donald Trump to lead the US Commodity Futures Trading Commission (CFTC), shared several text exchanges with Gemini co-founders Cameron and Tyler Winklevoss. In a recent X Post, Quintenz mentioned that these texts were released due to concerns over a misunderstanding involving Trump and the Winklevoss twins. The […]
Leaders of SEC and CFTC Indicate End of Crypto Disputes as Agencies Collaborate on Joint Efforts
US Regulatory Bodies Plan Joint Roundtable The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are organizing a joint roundtable in their ongoing efforts to create a more welcoming environment for financial companies, including those in the cryptocurrency sector. SEC Chair Paul Atkins and Acting CFTC Chair Caroline Fam announced […]
Exchanges Registered with SEC and CFTC Get Approval to Support Spot Crypto Trading
Simply put The recent joint statement addresses crypto products associated with leverage, margins, and retail commodity transactions. One market observer anticipates that Spot Crypto Assets may soon be included in major stock indices. Regulators are encouraging market participants to connect with SEC or CFTC staff. Exchanges recognized by the Securities and Exchange Commission and the […]
CFTC Will Permit US Citizens to Trade on Binance and Other International Crypto Exchanges
CFTC Provides Guidance for Foreign Companies Operating in the U.S. The U.S. Commodity Futures Trading Commission (CFTC) announced new guidance for foreign firms on Thursday, outlining how they can legally operate within the United States. In a recent blog post, the CFTC explained its framework applicable to both traditional and cryptocurrency markets. The chair of […]
Johnson from the CFTC announces her departure from the regulator next week
Christine Johnson, a commissioner at the US Commodity Futures Trading Commission (CFTC), announced she will depart from the agency on September 3 after completing her term this year, with plans to leave before 2026. In a statement made Tuesday, Johnson described her role as a financial market regulator as “an honor and privilege.” She expressed […]
CFTC Begins New Stage of Crypto Initiative, Requests Public Feedback on Expanded Regulations
Simply put Caroline Fam, the acting committee chair, announced on Thursday that Sprint intends to expand its custody provisions, focusing on retail transactions, enhancing consumer protection, and that feedback will be gathered by October 20th. This effort is part of a four-phase initiative that kicked off on August 1st, running concurrently with the SEC’s Crypto […]
CFTC aims to permit spot cryptocurrency trading on registered exchanges
The US Commodity Futures Trading Commission (CFTC) has rolled out a new initiative that facilitates the trading of “spot cryptocurrency agreements” on CFTC-registered futures exchanges. This move is part of what the CFTC is calling its “Crypto Sprint” initiative, which aims to execute recommendations from a working group on digital asset markets established during President […]