Yugocean CFTC

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BRIDGE Digital Assets bill for joint committee of SEC and CFTC

14 Sep 2024 1 minute read 0 comments Yugocean

BRIDGE Digital Assets bill by John Rose Republican Representative John Rose, a member of the House Financial Services Committee, has introduced a new bill in the US Senate. This bill proposes a joint SEC-CFTC committee to advise the SEC and CFTC on t...

US Cryptoverse slams Biden for transferring 2 CFTC commissioners

19 Jun 2024 1 minute read 3 comments Yugocean

     President Biden has changed the roles of two CFTC commissioners, Christy Romero and Kristin Johnson. This has been greeted with objections.   Is Rostin Behnam the target?      It is believed that the Biden administration is weakening the pro-cry...

US CFTC is not happy with the approval of Bitcoin Spot ETF

27 Jan 2024 1 minute read 2 comments Yugocean

      The CFTC's anguish is beginning to surface just two weeks after the Bitcoin Spot ETF received US SEC approval.   CFTC losing its BTC "Commodity"      A while back, SEC Chairman Gary Gensler proclaimed Bitcoin to be a commodity. The CFTC penal...

SEC upset as Coinbase registered with CFTC as FCM firm

21 Aug 2023 1 minute read 0 comments Yugocean

     Coinbase has thrown out a bizarre challenge to the SEC by registering with the CFTC as an FCM (Futures Commission Merchant). FCM Coinbase      Registering with the commodities regulator CFTC, Coinbase has become the first crypto firm to receiv...