CFTC Chair Michael Selig named two senior advisers, including a crypto lawyer who helped draft a law firm's letter that led to an SEC no-action position on crypto custody.
CFTC News
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The NCAA wants the CFTC to tighten rules on college sport prediction markets, including age and advertising restrictions and anti-harassment measures.
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The Senate Agriculture Committee plans to publish its crypto market structure bill on Jan. 21 and to hold a markup hearing on Jan. 27.
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Securities and Exchange Commission chair Paul Atkins voiced strong support for the bipartisan legislation aimed at moving crypto markets out of a regulatory gray zone.
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The CFTC plans to invite leading crypto executives, including Tyler Winklevoss and Kris Marszalek, to advise regulators on emerging technologies.
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The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
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The former CFTC commissioner and President Donald Trump’s first pick to chair the agency will join investment company SUI Group's board and support the company’s treasury strategy.
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Amir Zaidi’s return signals a strengthening of crypto oversight as the agency prepares for new digital asset laws.
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CFTC acting chair Caroline Pham says Monday was her last day at the regulator, with Michael Selig being officially sworn in to chair the agency.
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Following Michael Selig's confirmation, White House official David Sacks said the SEC and CFTC were set to offer "clear regulatory guidelines" for digital assets.
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Coinbase is buying The Clearing Company as it expands into prediction markets and broadens its product lineup beyond crypto trading.
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Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets should fall under federal commodities law, not state gambling rules.
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Mike Selig pledged to make crypto a priority when he was picked to lead the CFTC in October, while Travis Hill has spoken out against crypto debanking.
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White House AI and crypto czar David Sacks said the CLARITY Act will reach the Senate next month for debate and amendment before a full vote.
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The sole remaining CFTC commissioner, Caroline Pham, said earlier this year that she would leave the agency after the US Senate confirms a replacement.
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