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Former SEC, CFTC Officials Urge Lighter Touch to Bring Crypto Perps Trading Onshore

With the Clarity Act stuck in recess limbo, the agencies are pressing ahead on crypto derivatives and custody, as former officials warn that overly burdensome rules will keep a $90 trillion perps market offshore.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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09-02 16:39

Ondo urges SEC, CFTC to bring US stock perpetuals onshore

Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity onshore.

08-21 18:06

Washington Goes All-In on Crypto: Trump Pushes Clarity, SEC Rules, and CFTC Warnings

Trump urged executives to pass a "fair version" of the Clarity Act, the CFTC warned it would write its own rules if the bill stalls, and the SEC abruptly advanced its first crypto fundraising framework.

07-06 02:51

The founder of Lighter has become a member of the CFTC Innovation Advisory Committee.

Odaily Odaily Odaily that Lighter founder and CEO Vladimir Novakovski posted on X: "On the occasion of the 250th anniversary of the founding of the United States, I am proud to have been able to build Lighter here from the very beginning. This year, I also began to do my part by serving as a member of the Innovation Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC)." Odaily Note: The Innovation Advisory Committee was established to advise the CFTC on complex issues at the intersection of technology, law, policy, and finance.

08-19 19:12

[🌲] TRUMP: SEC Chair Working To Bring Hyperliquid Into US

TreeNews News, [🌲] TRUMP: SEC Chair Working to Bring Hyperliquid into US

07-08 06:34

Former CFTC Chairman Chris Giancarl recommends prison memoirs.

According to Foresight News , former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo published an article recommending Binance founder CZ's prison memoir, calling it "a story about humility, perseverance, and self-discipline," and expressing his strong recommendation. According to a previous report by Foresight News , Chris Giancarlo announced in April of this year that he would be leaving the legal profession to become a full-time corporate and cryptography consultant.

09-10 10:20

Treasury Secretary Bessent urges CLARITY Act passage after Senate returns

Secretary Scott Bessent warned that failing to pass the CLARITY Act would send a “troubling signal” about America’s leadership in the digital asset industry.