The CFTC took the wraps off a potentially sweeping U.S. crypto market framework Monday, opening a 60-day public comment period on rules covering retail crypto commodity transactions. Chairman Michael S. Selig paired the move with an unusually direct message to builders: “Build here.” His pitch is simple but consequential.
Policy
Proposal 612 would extend treasury delays from two days to ten, while a wallet linked to Humpy has cast 1.75 million COMP votes in support.
Policy
The CFTC seeks comment on new crypto trading rules, citing FTX's $8 billion fraud as the reason to act early. The post New CFTC Crypto Rule Takes Lessons From the $8 Billion FTX Fraud appeared first on BeInCrypto.
Policy
Polymarket prices a Democratic Congress sweep at 66.5%, but the market is not a poll or a direct signal for crypto prices or policy. The post US Midterms Polymarket Odds: What a 66.5% Democratic Sweep Price Means for Crypto Policy appeared…
Policy
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.