US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws

American congressmen have reintroduced the Token Taxonomy Act that would exclude crypto from being classified as a security. Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security. The […]

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CFTC Chair: Blockchain Could Have Transformed Regulators Real-Time Response to 2008 Crash

The chairman of the CFTC says that blockchain would have transformed regulators’ real-time responses to the 2008 global financial crash. Christopher Giancarlo, chairman of the United States Commodity Futures Trading Commission (СFTC), has said that blockchain would have transformed regulators’ real-time responses to the the 2008 global financial crash, if it had been in use […]

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US Representative Soto: Most Cryptos Need CFTC’s Light Touch, Not SEC Oversight

U.S. congressman Darren Soto has argued that applying federal securities laws to cryptocurrencies can hurt the market. United States congressman Darren Soto has said that most cryptocurrencies should not be regulated under the country’s securities regulator. Soto made his comments in an interview with financial news channel Cheddar on Jan. 10. According to Soto, crypto […]

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US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

Acting U.S. attorney general Matthew G. Whitaker is being scrutinized for putting his weight behind an alleged scam that touted a pseudo time travel crypto, among other inventions. Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal […]

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US: CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions

At a recent event in Minneapolis, CFTC chairman Christopher Giancarlo noted increased enforcement actions last year, partly due to fraudulent crypto cases Christopher Giancarlo, the chairman of U.S. Commodity Futures Trading Commission (СFTC), said in an Oct. 2 speech that enforcement actions and fines increased significantly in the last fiscal year. Giancarlo presented at the […]

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