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CFTC

CFTC stands for Commodity Futures Trading Commission of the United States. The mission of CFTC is to promote the integrity, resilience, and vibrancy of the US derivatives markets through sound regulation.

The Digital Dollar Continues to be Pushed by Former CFTC Chair
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The Digital Dollar Continues to be Pushed by Former CFTC Chair

The former US Commodity and Futures Trading Commission (CFTC) Chairman continues to fight for the U.S Dollar to become a digital global force.

US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year
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US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

The US Commodity Futures Trading Commission (CFTC), the derivatives regulator in the US has collected over $1.3 billion in regulatory and administrative penalties in the fiscal year of 2019, including funds collected from cryptocurrency businesses, which ended on Sept. 30.

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy
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US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets
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US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

The US Congress aims to pass a new bill deciding on data collection for digital commodities contracts and swaps.

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations
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Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.

CFTC’s New Chief Supports Blockchain Technology
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CFTC’s New Chief Supports Blockchain Technology

The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra
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Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.

LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures
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LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures

The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements.