The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive,” and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act.
Category: Government
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations […]
DeFi: Who, what and how to regulate in a borderless, code-governed world?
The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance.
Ukraine joins the comity of crypto-friendly nations with new regulation
Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country.
Chinese regulators unite forces to crack down on crypto
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto.
Bitcoin Will Truly Drain The Swamp
The often-quoted phrase could actually mean something if the incentives behind politics change.
UAE regulators approve crypto trading in Dubai free zone
Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals.
The Case For Bitcoin In Pakistan
The decentralized, economically empowering technology could bring major benefits to the country.
Bitcoin Is Freedom From Institutional Plans To Control The World
This manifesto to all describes a spectre haunting the modern world — the spectre of freedom.
CFTC commissioner: agency doesn’t have enforcement resources without Congress
“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets.