U.S. Senator Elizabeth Warren pressed the CFTC over whether it can effectively police fast-growing crypto and prediction markets. Her letter cited staffing …
Oversight
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Congress wants to hand the keys to crypto regulation to an agency that just lost a fifth of its workforce. The CLARITY …
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As Congress weighs crypto legislation, Aaron Klein says the CFTC needs more resources, independence and coordination to oversee digital markets. www.coindesk.com
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Senior Commodity Futures Trading Commission officials who raised concerns about prediction market firms were suspended, investigated and pushed out, according to a …
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Regulation
US CFTC expands oversight of prediction markets, collaborates with major sports leagues
by shayaanby shayaanThe Commodity Futures Trading Commission is no longer just watching prediction markets from the sidelines. Chairman Mike Selig confirmed on May 12 …
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Finance
Fed’s Bowman flags rising AI risks to banks, calls for coordinated oversight
by shayaanby shayaanFederal Reserve Vice Chair for Supervision Michelle Bowman urged regulators to work more closely together as artificial intelligence tools rapidly make their …
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Regulation
Blockchain Association presses Fed to formalize end of reputation risk in bank oversight
by shayaanby shayaanU.S. crypto lobbying group Blockchain Association has urged the Federal Reserve to formalise the removal of “reputation risk” from bank supervision rules, …
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Regulation
SEC and CFTC Fast-Track US Crypto Oversight Using Interpretive Rules to Bypass Lengthy Rulemaking
by shayaanby shayaanU.S. regulators are accelerating crypto oversight by using interpretive rules, signaling a faster policy rollout strategy that prioritizes immediate clarity over traditional …
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Japan’s regulators are raising concerns over disclosure gaps, investor risks, and speculative trading, as the Financial Services Agency signals a more cautious …
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Regulation
Canada moves to regulate stablecoins under central bank oversight after Bill C-15 passes
by shayaanby shayaanFinance Canada has confirmed that Bill C-15 has received Royal Assent. This paves the way for a federal framework to regulate stablecoins …