The Latest Breaking News from CFTC

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

A bipartisan group of senators has proposed a bill to regulate cryptocurrencies

The U.S.

Deregulated Wall Street traders are driving price spikes on gas and food — but Biden could shut them down easily

Two senators have unveiled a new bill with bipartisan support. But skeptics are already warning it's a step backwards and is far too crypto-friendly.

The one thing that crypto companies and skeptics can agree on is that more regulation is needed, especially in the U.S.

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

The U.S. Commodity Futures Trading Commission (CFTC) is suing cryptocurrency exchange Gemini, owned by Cameron and Tyler Winklevoss, for “making false or misleading statements” to the regulator in 2017.

The long-running case involves charges that the companies sought to manipulate prices in 2011.