Tag: Mike Selig

CFTC Introduces Fresh Cryptocurrency Regulations

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.

CFTC Head Selig Says Agency Prepares for Always-On Blockchain Markets

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.

CFTC proposes crypto rule following Clarity Act setback

Following the legislative setback of the Clarity Act, the CFTC submitted a new crypto proposal to the White House to oversee digital asset transactions and markets independently.

CFTC to Draft Crypto Rules Following Clarity Act Vote Defeat

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.
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CFTC Introduces Fresh Cryptocurrency Regulations

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.

IMF Commends El Salvador While Urging Bitcoin Rollback

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.

Absa is First African Bank to Offer Bitcoin Custody: Report

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 Tops $87,000 Following Weaker US Jobs Report

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.