If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam. Source link
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.” Source link
New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts in the United States. Source link
The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order. Source link
Several lawmakers from the Democratic Party are pressing the Commodity Futures Trading Commission (CFTC) to finalize a proposed rule banning gambling on US elections. The move, led by Senator Jeff Merkley with the…
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election. Source link
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors. Source link
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors. Source link
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao. Source link
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Kristin Johnson of the United States Commodity Futures Trading Commission (CFTC) said there are many ways of handling cryptocurrencies in the country, but legislating through courts could provide a solid, if slow, path….