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U.S. CFTC plans crypto management rules soon.

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Post time 19-11-2023 12:32:02 | Show all posts |Read mode


U.S. Commodity Futures Trading Commission (CFTC) Commissioners Christy Goldsmith Romero and Kristin Johnson are urging the agency to release rules or guidelines to address conflicts of interest in the cryptocurrency space and protect consumers.

Johnson, speaking at a meeting at the Atlanta Federal Reserve Bank, noted that the collapses of FTX, Celsius, and Voyager underscore the necessity of segregating and safeguarding customer funds on cryptocurrency platforms. She emphasized that the CFTC should promptly develop regulatory guidance on asset custody.

Johnson stated that the CFTC may release detailed information on cryptocurrency regulation in the coming weeks.

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Post time 19-11-2023 12:43:23 | Show all posts
Let's see what results will unfold in the coming weeks.
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Post time 19-11-2023 20:50:20 | Show all posts
Rules are definitely going to be established.
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Post time 19-11-2023 20:51:49 | Show all posts
In any case, it's something to take a look at.
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