CFTC


News Analysis

U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown

Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters.

WASHINGTON, DC - DECEMBER 01:  Commodity Futures Trading Commission Chairman Rostin Behnam testifies about the collapse of the cryptocurrency exchange company FTX before the Senate Agriculture, Nutrition and Forestry Committee in the Dirksen Senate Office Building on Capitol Hill on December 01, 2022 in Washington, DC. In his first public comments since his business collapsed, Sam Bankman-Fried told the New York Times Wednesday that management and accounting failures were the reason for the collapse of his $32 billion company, which has sparked civil and criminal investigations. (Photo by Chip Somodevilla/Getty Images)

Policy

CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.

DENVER, COLORADO - MARCH 5: An election judge holds "I Voted" stickers while collecting drive-thru ballots on March 5, 2024 outside the Highland Recreation Center in Denver, Colorado. 15 States and one U.S. Territory hold their primary elections on Super Tuesday, awarding more delegates than any other day in the presidential nominating calendar.  (Photo by Marc Piscotty/Getty Images)

Policy

Uniswap Labs Settles CFTC Charges Over 'Illegal' Margin Products

Uniswap will pay $175,000 to settle the charges.

Uniswap booth at ETHDenver 2023 (Danny Nelson/CoinDesk)

Markets

Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules

Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Videos

Do Kwon’s Extradition Postponed Yet Again; Coinbase Argues Against CFTC Rules

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, including the delay of Do Kwon’s extradition from Montenegro at the request of the country’s top prosecutor. Plus, Coinbase argues against the CFTC's proposed rules regarding prediction markets, and JPMorgan says positive catalysts have been priced in.

Recent Videos

Opinion

Crypto Can't Be Regulated by Current US Regulators

Alexandra Damsker, author of "Understanding DeFi," argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.

SEC logo (Nikhilesh De/CoinDesk)

Opinion

The Unintended Consequences of FIT21’s Crypto Market Structure Bill

Joint CFTC and SEC jurisdiction as outlined in the landmark legislation will add heavy compliance costs, bifurcate global crypto markets and undermine a nascent industry in the U.S.

(Andy Feliciotti/Unsplash, modified by CoinDesk)

Policy

U.S. House Set to Vote for First Standalone Crypto Market Structure Bill

Lawmakers are set to vote on the FIT21 bill Wednesday afternoon.

House Financial Services Committee Chair Patrick McHenry (R-N.C.) (Nikhilesh De/CoinDesk)

Policy

Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

Crypto market-structure bill FIT21 is set for a vote on Wednesday, though its chances in the Senate remain uncertain.

House Financial Services Committee Chair Patrick McHenry (R-N.C.) said he's counting on a good vote total for the crypto bill sending a message. (Jesse Hamilton/CoinDesk)

Consensus Magazine

CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action

The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions.

CFTC Commissioner Summer K. Mersinger (CoinDesk TV)