CFTC

During a recent interview, Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev shared more details on the company's new product expansion, including prediction markets on items like elections and sports contests. What Happened: Evolving from a stock brokerage app and crypto trading platform, Robinhood...

A plan by Robinhood Markets (NASDAQ:HOOD) to offer event contracts for Super Bowl LIX has ended after pressure from the Commodity Futures Trading Commission. What Happened: Robinhood's planned launch of more sports event contracts through a partnership with Kalshi was expected to come in time for...

The Commodity Futures Trading Commission launched an inquiry on Monday into Crypto.com and Kalshi on how the companies' Super Bowl event contracts comply with derivatives regulations. The Details: According to a Bloomberg report, the CFTC has requested additional information from Kalshi and Crypto....

Editor’s note: This story has been updated with comment from Coinbase. The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange Coinbase (NASDAQ:COIN) regarding its association with the prediction platform Polymarket, according to a Thursday report...

Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission, on Tuesday announced his resignation from his position, effective Feb. 7. Behnam’s departure marks the end of a seven-year tenure at the agency, beginning in 2017 as a commissioner and later as Chairman. He will...

Gemini Trust has agreed to pay $5 million to resolve allegations of providing false information to the Commodity Futures Trading Commission. The misleading claims were made during the process in which the agency was evaluating a proposed Bitcoin futures contract, specifically relating to whether...

After a surge in betting on prediction markets for outcomes of events like the 2024 U.S. presidential election, the next market that is generating plenty of interest and concern from regulators is the outcome of the murder trial of Luigi Mangione. What Happened: Mangione recently pleaded not guilty...

Brian Quintenz, a prominent figure in digital assets and former Republican commissioner of the Commodity Futures Trading Commission (CFTC), is reportedly a frontrunner to lead the agency under President-elect Donald Trump. What Happened: Quintenz, who currently heads policy for a16z Crypto, the...

Former CFTC Chairman Chris Giancarlo has expressed strong support for the Commodity Futures Trading Commission (CFTC) taking on a larger role in regulating cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC). What Happened: "With adequate funding and under the right leadership, I...

The incoming Donald Trump administration is reportedly planning to extend the regulatory power of the Commodity Futures Trading Commission to oversee a major portion of the cryptocurrency market. What Happened: The CFTC's role could soon expand to include the regulation of spot...

The Federal Bureau Of Investigation, on Wednesday, raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into allegations that the crypto prediction platform allowed U.S.-based users to place bets in violation of regulatory agreements. Coplan responded on...

Commodity Futures Trading Commission chair, Rostin Behnam, has urged Congress to address the regulation of cryptocurrency and election betting legislation. What Happened: Behnam made these remarks during the Securities Industry and Financial Markets Association’s annual meeting Monday, as...

The Commodity Futures Trading Commission (CFTC) has issued an order against Uniswap Labs (CRYPTO: UNI), settling charges related to illegal offerings of digital asset derivatives trading. The agency fined the Delaware-based company, operating out of New York, $175,000. Uniswap also received a...

The House of Representatives’ recent passage of the Financial Innovation and Technology for the 21st Century Act (FIT21), colloquially dubbed the “crypto bill,” has experts cautiously optimistic about the bill’s potential to bring much-needed regulatory clarity. Still,...

House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and House Agriculture Committee Ranking Member David Scott (D-Ga.) have expressed their strong opposition to a bill creating a definition for whether a digital asset is a security or a commodity. What Happened: Quoting an...