CFTC Open Meeting
On December 13, the Commodities Futures Trading Commission (CFTC) held an open meeting to consider two new rule proposals and the application of Bitnomial Clearinghouse LLC for registration as a Derivatives Clearing Organization (DCO). The Commission discussed and voted to issue two new proposed rules: (1) Operational Resilience Framework for …
Read MoreCFTC MRAC Meeting
On December 11, the Commodity Futures Trading Commission (CFTC) Market Risk Advisory Committee (MRAC) held a public meeting. The meeting covered current topics including central counterparty risk and governance, market structure developments, climate-related risk, and innovative and emerging technologies affecting the derivatives and related financial markets. Below is a summary of the meeting …
Read MoreDSG Crypto Regulatory Roundup: November 2023
International Bodies UK to Hit Crypto Users with Penalties for Unpaid Taxes: The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFTs, and utility token holdings. More here. FCA Releases Guidance for Compliance: Rules for crypto asset promotion that came into force in the United …
Read MoreSenate Ag Hearing
On November 30, the Senate Ag Committee held a hearing to consider the pending nominations of the Honorable Summer K. Mersinger for a second term as Commissioner of the Commodity Futures Trading Commission (CFTC), as well as Basil Ivanhoe Gooden to be Under Secretary of Agriculture for Rural Development. The …
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