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Dc fintech week
What the Regulators Said at DC Fintech Week
A number of high-profile regulators weighed in on crypto and related issues.
Fed's Barr: Regulators Should Use 'Range of Options' in Fintech
Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event to a policy-focused crowd, noting that risk management is a key issue for regulators. “The range of options available for dealing with emerging technologies and those benefits are solid,” Barr said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details. Plus, insights on negotiations over Congress’ leading stablecoin bill.
CFTC Chair Behnam on Ooki DAO Case
The controversial case against Ooki DAO was “so egregious and so obvious” that the U.S. Commodity Futures Trading Commission (CFTC) had to pursue it, said Chairman Rostin Behnam. At DC Fintech Week, Behnam also noted that the Ooki DAO case was an example of "clear fraud."
FinCEN Director Warns of 'Hard Time' for Crypto Firms That Don't Follow Law
There is no ambiguity: crypto startups must follow U.S. AML laws or suffer the consequences, said FinCEN's Kenneth Bianco.
CFTC Chair Says Ether Futures 'Likely' in 2020
Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert says the crypto world will see ethereum futures contracts sometime in 2020.
