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…
Show AI SummaryThe CFTC’s policy statement establishes a case-by-case review framework for perpetual contracts beyond Bitcoin.The agency said perpetual contracts raise novel questions around market structure, customer protection, and manipulation risk.The policy statement was released alongside the Order approving KalshiEX’s BTCPERP contract. The U.S. Commodity Futures Trading Commission (CFTC) has…
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…