President Trump has nominated Michael Selig, the CFTC’s crypto job pressure chief counsel, because the company’s new chair, signalling continued pro-crypto coverage momentum. The appointment follows the withdrawal of Trump’s earlier choose, Brian Quintenz, after objections linked to Gemini co-founder Tyler Winklevoss. If confirmed, Selig will oversee the CFTC’s risingContinue Reading
The blockchain-based ‘prediction market’, Polymarket, has been given the green light to re-enter the US market after two companies it acquired in order to legally offer its services were issued a no-action letter by the CFTC. The no-action letter means the CFTC won’t take regulatory action for past breaches andContinue Reading
The US Commodity Futures Trading Commission (CFTC) will deploy Nasdaq’s market surveillance technology to enhance its ability to monitor and regulate digital asset markets. The system is designed to provide the CFTC with automated alerts and cross-market analytics to detect fraud, manipulation, and disruptive trading activity more efficiently. The moveContinue Reading
