Crypto Regulatory Roundup: May 2023
International Bodies IOSCO Proposes Policy Recommendations for Crypto: The eighteen policy recommendations published by the International Organization of Security Commissions (IOSCO) cover a range of issues such as market abuse, conflict of interest, client asset protection, and disclosures and risks associated with crypto. The proposed recommendations mainly address “widespread concerns …
Read MoreHouse Financial Services Committee Hearing
On April 19th 2023, the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing entitled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.” The witnesses in the hearing were: Adrienne Harris, Superintendent, New York State Department of Financial Services Dante Disparte, Chief Strategy …
Read MoreHouse Ag Committee Subcommittee Hearing on “The Future of Digital Asset Regulation”
On June 23rd, the House Agriculture Committee Subcommittee on Commodity Exchanges, Energy, and Credit held a hearing entitled “The Future of Digital Asset Regulation.” The hearing had two panels. The witnesses were: Vincent McGonagle, Director, Division of Market Oversight, CFTC Christopher Brummer, Professor, Georgetown University Law Center Jonathan Levin, Co-Founder and Chief …
Read MoreCFTC FTX Roundtable
CFTC ROUNDTABLE For questions on the note below, please contact Kevin Batteh, Scott Parsons, or Edmund Perry at (202) 547-3035. On May 25th, the Commodity Futures Trading Commission (CFTC) held a roundtable to consider the implications of a non-intermediated direct clearing model for digital asset derivatives. Below is a summary …
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