CFTC GMAC Meeting
On March 6, the Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee (GMAC) held a public meeting. The meeting covered topics including the Federal Reserve’s (Fed’s) Basel III Endgame Proposal, market stability, and digital assets. Below is a summary of the meeting prepared by Delta Strategy Group. KEYNOTE ADDRESS John Schindler, Secretary …
Read MoreDSG CRYPTO REGULATORY ROUNDUP: JANUARY 2024
International Bodies EU Banking Authority Extends Anti-Money Laundering Guidance: EU-based crypto firms are now subject to guidance from the banking watchdog in its “fight against financial crime.” More here. United States U.S. SEC Approves Bitcoin ETFs : The Securities and Exchange Commission (SEC) on January 10 approved the first U.S.-listed …
Read MoreHouse Passes Tax Bill
Last night, the House of Representatives passed a bipartisan, bicameral tax bill structured by House Ways and Means Committee Chair Jason Smith (R-MO) and Senate Finance Committee Chair Ron Ryden (D-OR) by a vote of 357-70. The bill is a compromise that gives Democrats an expansion of COVID-era child tax …
Read MoreCFTC RFC on AI
On January 25, the Commodity Futures Trading Commission (CFTC) Divisions of Market Oversight, Clearing and Risk, Market Participants, and Data, and the Office of Technology Innovation issued a request for comment (RFC) seeking formation on the potential uses and risks of artificial intelligence (AI) in the markets regulated by the …
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