CFTC


Finance

Coinbase Finally Wins Approval to List Crypto Futures in U.S.

The approval makes Coinbase the first crypto-first platform to offer regulated and leveraged crypto futures alongside alongside traditional spot trading

Coinbase CEO Brian Armstrong (Coinbase)

Videos

PayPal's Stablecoin Debut Shows This Technology 'Has Value Outside of Crypto': Former CFTC Chair Massad

PayPal USD (PYUSD), the latest stablecoin pegged to the U.S. dollar, will be an Ethereum-based token offered to the company’s online-payments customers before expanding to PayPal’s Venmo app. Timothy Massad, former CFTC chairman, PayPal advisor, and current director of the Digital Assets Policy Project at the Harvard Kennedy School, discusses the broader implications, noting that PayPal's move shows "this technology could be beneficial in payments more generally."

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Videos

PayPal's Stablecoin Could Propel Creation of a 'Federal Regulatory Framework': Former CFTC Chair Massad

PayPal is issuing a U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), but what does this mean for crypto regulation in Washington, D.C.? Timothy Massad, former CFTC chairman, PayPal advisor, and current director of the Digital Assets Policy Project at the Harvard Kennedy School, discusses his reaction and the outlook for stablecoin legislation. "PayPal is saying, we think this technology could be beneficial in payments more generally...that's a good thing," Massad said.

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Videos

If Binance Faces U.S. Criminal Charges it Could be a 'Death Blow': Former CFTC Division Director

Josh Sterling, former CFTC Division Director and current partner at Jones Day reacts to Semafor reporting that Binance could face U.S. Department of Justice fraud charges, although prosecutors are weighing alternatives given the risk of an FTX-style bank run. Sterling notes that criminal charges against companies are usually a "death blow" and often have "severe consequences for all stakeholders."

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Videos

Department of Justice Could Charge Binance With Fraud: Report

Binance may face Department of Justice fraud charges, though prosecutors are considering alternatives given the risk of an FTX-style bank run, according to Semafor. Josh Sterling, Jones Day partner and former CFTC division director, discusses the specifics of the report and the potential outcomes.

Recent Videos

Videos

Worldcoin Faces Investigation in France; Grayscale Wants Equal Treatment for Spot Bitcoin ETF Filings

"CoinDesk Daily" takes a look at the top headlines in crypto today, including Worldcoin, which was co-founded by OpenAI's Sam Altman, facing new scrutiny in France. Grayscale calls for a fair process when it comes to the SEC approving spot bitcoin ETF applications. Binance files a motion to dismiss a lawsuit from the CFTC. And, an update on what FTX founder Sam Bankman-Fried's attorneys are now asking from the court.

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Policy

CFTC Overreached in Suing Binance, Crypto Exchange Says

Binance filed to dismiss a CFTC lawsuit alleging it offered illegal commodities trading products to U.S. residents.

Binance CEO Changpeng Zhao (CoinDesk)

Videos

DOJ Attorneys Ask for Time to Process Evidence Against Celsius Founder; Dogecoin Jumps Again

"CoinDesk Daily" breaks down the top crypto headlines of the day, including why dogecoin (DOGE) is rising for the second straight day. Attorneys for the U.S. Department of Justice (DOJ) ask a judge for time to produce evidence in their case against former Celsius CEO Alex Mashinsky. Binance plans to ask a court to dismiss the U.S. Commodity Futures Trading Commission’s (CFTC) suit against it. And, KuCoin responds to recent speculation surrounding layoffs.

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Policy

Binance Says It Intends to File Motion to Dismiss CFTC Complaint

The CFTC sued Binance, its founder Changpeng Zhao and compliance officer Samuel Lim in a U.S. court in Illinois in March, alleging that the exchange operated a derivatives trading operation in the U.S.

Binance Logo (Danny Nelson/CoinDesk)

Opinion

Why Did Celsius Go Up in Flames? Alex Mashinsky Built Celsius a House of Cards

The bankrupt crypto lender misled the public from the beginning, several federal agencies allege in new lawsuits.

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)