CFTC

Regulation

Tassat Gains CFTC ‘No-Action’ Relief Ahead of Eventual Bitcoin Swaps Contract Listing

Tassat blamed COVID-19 and leadership changes for its long-delayed bitcoin derivatives contract listing.

News  ·  15 September 2020
CFTC

CFTC Alleges 4 Individuals Defrauded Customers in $1M Bitcoin Trading Scheme

The CFTC alleged four individuals stole close to $1 million from customers by promising returns from a bitcoin trading scheme.

News  ·  14 September 2020
Futures

CFTC Greenlights LedgerX Request to Move Beyond Digital Currency Products

The federal regulator has approved LedgerX’s amended registration to offer fully collateralized futures and options products.

News  ·  2 September 2020
CFTC

TeraExchange Reinstated as Swap Execution Facility by CFTC Order

The regulatory body deemed the exchange dormant because it had no trading activity in the three years following its registration with the CFTC.

News  ·  31 August 2020
Money Laundering

Interactive Brokers to Pay $38M in Settlement Over AML Lapses

Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, Finra and CFTC for failure to flag suspicious transactions and lapses in AML compliance.

News  ·  10 August 2020
Commodities

CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format

Perfection shouldn’t be the enemy of good when it comes to regulating the cryptocurrency space, said Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert.

Policy & regulation  ·  28 July 2020
CBDC

CFTC Seeks Industry Advice on Blockchain Applications

The commission’s technology advisory committee made several presentations on various blockchain applications including CBDCs and digital tokens during a four-hour-long remote meeting last Thursday.

Policy & regulation  ·  22 July 2020
Regulation

SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps

The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

Policy & regulation  ·  13 July 2020
CFTC

CFTC Hints at Future Digital Asset Regulatory Framework

The U.S. commodities regulator has a four-year plan for fostering responsible innovations in the crypto asset space.

News  ·  9 July 2020
Ether

ErisX Announces Launch of First US Ether Futures Contracts

ErisX is launching physically settled ether futures contracts, it announced Monday.

News  ·  11 May 2020
CFTC

CFTC Claims ‘Massive Fraudulent’ Scheme Defrauded Investors of $20M

The CFTC alleged three individuals and affiliated entities defrauded crypto and binary options investors out of $20 million over 5 years.

News  ·  7 May 2020
CFTC

Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October

CFTC Commissioner Brian Quintenz, who sponsored the Technology Advisory Committee and advocated for self regulation in the crypto industry, will leave his post by late October.

News  ·  28 April 2020
Bitcoin Options

CFTC Approves Bitnomial to Offer Futures Contracts Settled in Real Bitcoin

The CFTC has approved Bitnomial Exchange to offer margined bitcoin futures and options contracts.

News  ·  20 April 2020
CFTC

CFTC Charges Florida Resident With Defrauding Crypto Investors Out of $1.6M

The CFTC alleged Florida resident Alan Friedland defrauded investors out of $1.6 million, promising returns through his “Compcoin” token and an algorithmic trading software which never materialized.

News  ·  16 April 2020
CFTC

The CFTC Just Defined What ‘Actual Delivery’ of Crypto Should Look Like

The CFTC created formal guidance for when one party has “delivered” crypto assets to another, settling a long-standing question around the issue.

News  ·  24 March 2020