Tag Archives: currencies

U.S. federal court holds that CFTC can regulate virtual currencies as commodities

On March 6, 2018, in a fraud proceeding involving a virtual currency product, a New York federal court held that virtual currencies can be regulated by the Commodity Futures Trading Commission (CFTC) as commodities. This ruling marks the first federal … Continue reading

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Senate Banking Committee Holds Hearing on Virtual Currencies – Warns of Celebrity Endorsements

The Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Tuesday on virtual currencies and the role of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing the virtual currency industry. Witnesses … Continue reading

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Surging torrent of virtual currencies spurs Chairman Giancarlo to call for expanded CFTC oversight

By Brad Rosen, J.D.In remarks before an elite group of derivatives and futures lawyers in Naples, Florida, CFTC Chairman J. Christopher Giancarlo again advocated for rigorous, but common sense, oversight of the ever-expanding cryptocurrency markets and their related derivative offshoots. … Continue reading

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