CFTC Moves To Reassess Risk Management – Could This Mean Big Changes For Crypto? | Bitcoinist.com
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As the crypto industry continues to grow and mature, regulators are continuously taking steps to ensure that the industry is subject to appropriate oversight and regulation. The Commodity Futures Trading Commission (CFTC) has published an advanced notice of proposed rulemaking (ANPRM) seeking public comment on potential amendments to the Risk Management Program (RMP) requirements in CFTC Regulations. These regulations are applicable to swap dealers and futures commission merchants and aim to ensure sound risk management in the derivatives markets. The ANPRM seeks feedback on several areas of the RMP regulations, including governance and structure, the enumerated risks RMPs must monitor
Key Highlights Amir Zaidi returns as CFTC chief of staff, previously key in launching regulated Bitcoin futures. CFTC leadership shift follows Caroline Pham’s tenure, with Selig emphasizing crypto expertise. US crypto regulation evolves, as Congress considers digital asset legislation expanding CFTC oversight. Amir Zaidi, the key policymaker behind the launch…
Key Highlights CFTC Chairman Michael Selig posted on X that the agency “stands ready to implement purpose-fit digital asset regulations to help ensure the U.S. remains the crypto capital of the world.” The post was a direct response to Rep. Bryan Steil, Chairman of the House Financial Services Subcommittee on…
With the approval of the CFTC for crypto trading spot, the U.S. market marks a pivotal shift for regulation, adoption, and transparency of crypto platforms. What has the CFTC decided about spot trading? The Commodity Futures Trading Commission (CFTC) has officially authorized the platforms registered in the United States, the…