• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

CFTC Restructuring: Impact on the Cryptocurrency Industry

user avatar

by Giorgi Kostiuk

5 months ago


The U.S. Commodity Futures Trading Commission (CFTC) has announced a significant restructuring of its enforcement division, which could have a substantial impact on the cryptocurrency industry.

Reasons and Goals of Restructuring

The change aims to end the practice of 'regulation through enforcement' and improve the agency’s ability to combat fraud, manipulation, and other market abuses.

New Divisions and Their Tasks

Cryptocurrency journalist Eleanor Terrett reported that the CFTC will replace its previous enforcement task forces with two new divisions: the Complex Fraud Task Force and the Individual Fraud and General Enforcement Task Force. The Complex Fraud Task Force will oversee all preliminary investigations, inquiries, and litigation related to complex fraud and market manipulation across all asset classes. Deputy Director Paul Hayeck has been appointed Chief of this task force.

Expected Outcomes and Impact

The restructuring is also designed to prevent the agency from becoming overextended and to ensure greater consistency, fairness, and due process, a CFTC press official said. The move is seen as an effort to increase regulatory clarity and optimize agency resources.

The new enforcement structure at the CFTC is expected to ensure more effective regulation and improve interactions with the cryptocurrency industry, minimizing excess burdens and ensuring a fairer process.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bullish, the Crypto Exchange Backed by Peter Thiel, Prepares for IPO

chest

Bullish has filed for IPO, seeking to enter the public market and compete with major players.

user avatarGiorgi Kostiuk

USDC Use on Stellar and Its Impact on XLM Value

chest

Statistics show a rise in USDC transactions on Stellar, indicating growing utility that fuels speculation on XLM prices.

user avatarGiorgi Kostiuk

Litecoin Records New Open Interest at $761 Million. Is LTC Heading to $120?

chest

Litecoin has reached a new record open interest of $761 million, and 66.3% of addresses are in profit, raising hopes for a price increase to $120.

user avatarGiorgi Kostiuk

World Liberty Announces WLFI Token Launch Valued at $16 Billion

chest

WLFI token by World Liberty plans to debut with a $16 billion valuation, with significant backing from DT Marks DEFI LLC.

user avatarGiorgi Kostiuk

Impact of GENIUS Act: Trump Establishes Federal Stablecoin Guidelines

chest

President Trump has signed the GENIUS Act, establishing federal regulations for stablecoins and impacting the U.S. crypto landscape.

user avatarGiorgi Kostiuk

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.