WebWashington, D.C. — The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against New York resident Rashawn Russell.The CFTC’s complaint charges Russell with fraudulently soliciting retail investors to invest in a digital asset trading fund and with … WebJun 21, 2024 · The Digital Commodity Exchange Act of 2024, H.R. 7614, (the Act) authorizes the CFTC to register and regulate digital commodity exchanges that offer spot or cash digital-commodity markets. Spot markets trade financial instruments, such as commodities, currencies, and securities, for immediate delivery. ...
(Original Signature of Member) TH D CONGRESS SESSION H.
WebJun 23, 2024 · Digital Commodity Exchange Act of 2024 CFTC. Gives the CFTC primary authority over most types of digital assets and digital asset activities. Digital asset securities primarily regulated by the SEC. Digital Asset Exchanges. Amends the CEA to permit digital asset trading platforms to register as WebMar 21, 2024 · The Digital Commodity Exchange Act of 2024 says that the SEC has jurisdiction over digital assets representing an ownership stake. Assets that do not “convey rights and obligations typically associated with a security” should be considered a commodity. This definition would bring them under the CFTC’s authority. html newline in p
CFTC Commissioner Calls for Crypto Regulators
WebApr 29, 2024 · The Digital Commodity Exchange Act of 2024 (DCEA), introduced Thursday by representatives Glenn Thompson (R-Pa.), Ro Khanna (D-Calif.) Tom Emmer (R-Minn.) and Darren Soto (D-Fla.), would create a definition for "digital commodity" and allow the CFTC to oversee companies issuing or letting people trade these types of … Web1 day ago · Central bank digital currencies, or CBDCs, have come under withering criticism for the way they enable authoritarian governments to control their citizens. And yet, a number of leading figures in ... WebProvides that the short title of the bill is the “Digital Commodities Consumer Protection Act of 2024.” ... amends the definition of “commodity” in the Commodity Exchange Act … html newline in text