CFTC Chair Selig Names Crypto Lawyer as Senior Adviser
Michael Selig appoints Michael Passalacqua, a seasoned crypto lawyer, as senior adviser to the CFTC as the agency expands its regulatory role in crypto.
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Michael Selig appoints Michael Passalacqua, a seasoned crypto lawyer, as senior adviser to the CFTC as the agency expands its regulatory role in crypto.
The SEC and CFTC aim to enhance collaboration in regulating the crypto market, targeting innovation while ensuring market integrity.
The US Senate confirms Mike Selig as chair of the CFTC, promising a pro-crypto approach, while Travis Hill is appointed as FDIC chair, advocating against debanking in the crypto sector.
Polymarket has gained regulatory clearance to function as an intermediated trading platform in the U.S., enhancing transparency and compliance.
Michael Selig has been sworn in as the new chair of the CFTC, succeeding Caroline Pham who has left the agency.
The ongoing government shutdown has implications for federal agencies, particularly those overseeing financial regulations.
Uncertainty looms over the future of the CFTC leadership after President Trump's withdrawal of a nominee during a prolonged government shutdown.
A federal court in Tennessee has ruled to block state action against Kalshi, affirming its contracts fall under federal regulations.
The CFTC announces a newly formed advisory panel consisting of notable leaders in the cryptocurrency sector as part of a push for more favorable regulatory policies.
A Nevada judge has denied regulators' emergency move to suspend Coinbase's prediction markets while a legal battle unfolds.
A temporary restraining order issued by a Nevada judge stops Polymarket from conducting business, questioning the CFTC's exclusive control over event-based contracts.
The SEC and CFTC are set to convene regarding the alignment of their regulatory approaches for cryptocurrency as new legislative measures progress.
The Senate Agriculture Committee is set to release its document on the CLARITY Act on January 21 and hold a markup session six days later on January 27.
The CFTC introduces a new committee to invite expert advice on the regulation of emerging technologies in the financial sector.
Coinbase is set to acquire The Clearing Company as a strategic move to enhance its prediction markets offerings.
David Sacks emphasizes the importance of recent appointments in shaping the future of digital asset regulations in the U.S.
Coinbase has launched lawsuits in Illinois, Michigan, and Connecticut, contesting state regulations on prediction markets as it prepares to partner with Kalshi.
Coinbase aims to establish federal oversight on prediction markets by suing regulators in three states, contending that federal commodities law should apply rather than state gambling statutes.
The CFTC has eliminated its previous guidance on cryptocurrency delivery, granting exchanges more operational leeway, as noted by StarkWare's Katherine Kirkpatrick Bos.
The CFTC has issued no-action letters to certain prediction markets, allowing them to bypass specific data reporting and record-keeping rules.

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