CFTC TAC Meeting
On January 8, the Commodity Futures Trading Commission (CFTC) Technology Advisory Committee (TAC) held a public meeting. The meeting covered topics including the development of AI, federal cyber defenses, and digital assets. Below is a summary of the meeting prepared by Delta Strategy Group. Executive Order on Development of AI Elizabeth Kelly, …
Read MoreDSG Crypto Regulatory Roundup: December 2023
International Bodies Crypto ETF Applications Will Be Considered in Hong Kong: The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF. More here. Coinbase Approved as Virtual Asset Services Provider: The third-largest crypto exchange has said it wants …
Read MoreSEC Approves Treasury Clearing Proposal
On December 13, The Securities and Exchange Commission (SEC) today adopted rule changes to address risk management practices for central counterparties in the U.S. Treasury market and facilitate additional clearing of U.S. Treasury securities transactions. The rule changes update the membership standards required of covered clearing agencies for U.S. Treasury …
Read MoreSEC Denies Coinbase Petition for Rulemaking
On December 15, the Securities and Exchange Commission (SEC) denied a Petition for Rulemaking filed on behalf of Coinbase Global, Inc. which sought new rules for the digital asset sector. Coinbase’s Petition for Rulemaking was denied in a 3-2 vote. SEC Chairman Gary Gensler, the two Democrat Commissioners, Caroline Crenshaw and …
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