The U.S. Commodity Futures Trading Commission has introduced new regulatory guidelines allowing domestic cryptocurrency exchanges to voluntarily join a federal framework while major legislation remains stalled in Congress.
Commodity Futures Trading Commission Chair Mike Selig announced that the agency is preparing for a shift toward 24-7, on-chain markets, despite Congress stalling the Clarity Act.
Following the Senate defeat of the Clarity Act, CFTC Chair Mike Selig announced that the regulatory agency will use its existing statutory authorities to draft and advance new cryptocurrency rules.
A freshly revised draft of the Clarity Act is circulating ahead of a crucial Senate vote, introducing new CFTC registration mandates for non-decentralized DeFi protocols and adjustments for federal credit unions.
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The U.S. Commodity Futures Trading Commission has introduced new regulatory guidelines allowing domestic cryptocurrency exchanges to voluntarily join a federal framework while major legislation remains stalled in Congress.
The International Monetary Fund approved a $139 million payout for El Salvador while urging the nation to scale back its state involvement in Bitcoin-related activities and halt further accumulation beyond donations.
South African financial institution Absa has become the continent's first bank to provide bitcoin custody solutions, catering initially to institutional clients with plans to add more digital assets later.
Bitcoin surpassed $87,000 during Friday morning trading, driven by steady exchange-traded fund activity and a weaker-than-expected U.S. jobs report indicating higher unemployment.