Share this article
Bitcoin comes under US regulator radar
US financial regulators are ‘seriously considering’ regulation of Bitcoin and 'if they wanted to', they could regulate it.
By Dan Ilett
Updated Sep 10, 2021, 10:43 a.m. Published May 7, 2013, 6:00 a.m.
Make us preferred on Google
US financial regulators are considering the regulation of Bitcoin.
Bart Chilton of the Commodity Futures Trading Commission (CFTC) told the Financial Times and Reuters that the organisation is ‘seriously considering’ regulation and 'if they wanted to', they could regulate it.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Bitcoin is not a derivative and the CFTC only has a remit to regulate derivatives.
But the US Treasury Department has already said that Bitcoin exchanges would come under existing regulations that prevent money laundering.
While outcome of US regulation plans around bitcoin is still unclear, the fact that regulators are starting to discuss it publically indicates they are more than aware of the digital currency.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
XRP drops 4% as traders watch whether $1.88 support holds
Price stabilizes near recent lows after a volatile pullback from above $2.
What to know:
- XRP slipped nearly 4% as bitcoin fell below $88,000, with price action driven more by market structure and positioning than by changes to Ripple’s fundamentals.
- Spot XRP ETFs saw about $40.6 million in weekly outflows, suggesting institutional profit-taking and rotation rather than a loss of confidence in the asset.
- XRP remains range-bound in a tight consolidation between support around $1.88 and resistance near $1.93–$1.95, with fading volume pointing to a larger move once the current stalemate resolves.
Top Stories
