EddieJayonCrypto
1 Apr 25
Brian Quintenz, the incoming Chair of the US CFTC, has met with Senator Chuck Grassley to discuss the CFTC's oversight of crypto spot markets. This meeting is part of the CFTC's broader agenda for crypto market regulation, which includes potential expanded jurisdiction over crypto spot markets. Quin...
Brian Quintenz, the incoming Chair of the US CFTC, has met with Senator Chuck Grassley to discuss the CFTC's oversight of crypto spot markets. The CFTC aims to regulate crypto spot markets and potentially expand its jurisdiction over them. This signals a shift in the CFTC's approach to crypto oversight, including easing regulatory hurdles for crypto derivatives markets and exploring regulation of prediction markets and stablecoins. There are also discussions of collaboration between the CFTC and the US SEC for coordinated crypto regulation efforts.
Quintenz's nomination reflects the CFTC's increased focus on crypto market regulation. The agency's plans include hosting a roundtable discussion on prediction market regulation and a forum to discuss stablecoin regulation, signaling a comprehensive approach to crypto oversight. Additionally, there are potential collaborations between the US SEC and the CFTC to streamline oversight efforts and address concerns over jurisdictional overlap.