Cryptocurrency is already under extreme regulatory fire. Recently, the Quarterly Review repository—created by Code for America and developed in collaboration with the Tennessee Department of Transportation—has been used by many states. This isn’t just about anti-slapping wrist; it’s about setting tangible lines in the sand and ensuring crypto businesses are...
Under Acting Chairman Pham’s leadership, the CFTC has taken a dramatic turn towards regulating crypto. This new innovation-friendly approach is being hailed as a huge victory for innovation. If you scratch the surface, you’ll find it’s a terrible deal for everyday Americans. These are the folks pushing to create a...
On April 8, 2025, Acting Chairman Caroline D. Pham issued release 9063-25. This report describes a major reshaping of the Division of Enforcement at the Commodity Futures Trading Commission (CFTC). The release draws attention to the important role self-reporting and timely cooperation played in resolving noncompliance matters. Specifically, it aims...
The CFTC's recent pivot on crypto regulation – let's call it Release 9063-25 – isn't just a policy tweak. It’s a political calculated risk, a gamble with incendiary consequences—a risk that funded by the fortunes of the future finance. And as much as some want to turn this into a...