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The Latest Breaking News from Rostin Behnam

Polymarket reportedly seeks to raise an additional $50 million amid election fever

Fortune

Path to Betting on US Elections Opened Just in Time For Harris Trump Showdown

A federal judge ruled in favor of New York-based Kalshi, allowing the financial institution to offer bets on the outcomes of congressional races in some states

Latin Times

Bankrupt crypto exchange FTX ordered by US court to pay customers $12.7bn

Compensation order comes five months after founder Sam Bankman-Fried was jailed for role in collapse

The Guardian - UK

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Gensler Says Spot ETH ETFs May Launch This Summer, Behnam States Ether A Commodity

SEC chief Gensler on Thursday told senators that he believes spot ETH ETFs will be approved for trading sometime this summer, but he once again dodged questions about Ether's status as a commodity or a security.

International Business Times

Biting Off More Than It Can Chew: Senator Doubts CFTC Can Oversee Digital Commodities

Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.

International Business Times

CFTC Chair Expects New Crypto Enforcement Actions In As Early As 6 Months

The CFTC's Rostin Behnam has once again warned that the public's interest in digital assets only indicates the immediate need for regulations that should protect investors from "fraud and manipulation."

International Business Times

Crypto-Critical Senators Warren, Grassley Pressure CFTC To Explain Past FTX Communications

Warren and Grassley have given CFTC's Behnam up to the end of the month to produce documents of the agency's correspondence with FTX and jailed Sam Bankman-Fried.

International Business Times

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CFTC Calls For Legislation To Regulate Crypto Amid Spike In BTC Value, Public Optimism

The CFTC has once again called for legislation that should regulate digital assets as public opinion for cryptocurrencies sees a significant shift and the value of certain cryptocurrencies continues to rise.

International Business Times

US Treasury's Yellen To Urge Congress For Legislation On Stablecoins, Crypto Spot Markets

Janet Yellen will urge lawmakers on Tuesday to pass legislation that will establish the regulatory framework for crypto regulation, including rules for stablecoins and spot markets.

International Business Times

CFTC Chair Pushes For Sweeping Regulatory Overhaul After Landmark US Bitcoin ETF Approval

"The need for federal legislation over cash market digital assets has never been more critical, and I will continue my call for action," the CFTC chair said.

International Business Times

CFTC Chair Claims Most Cryptocurrencies Are Commodities, Admits There's A 'Turf War' Going On Over Crypto

CFTC Chair Rostin Behnam says that "under existing law, many of the tokens constitute commodities."

International Business Times

Crypto giant Binance hit with US charges for breaking trade rules

Washington (AFP) - A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao with multiple violations, in another move by Washington against the once high-flying sector.

AFP

Ether and stablecoins are commodities, CFTC’s Behnam argues

Contradictory views on cryptocurrencies are setting up a regulatory clash.

Fortune

Emails reveal Sam Bankman-Fried’s courtship of federal regulators

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

Los Angeles Times

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Fortune

Sen. Boozman wants the SEC and CFTC to sign off on crypto legislation

A leading lawmaker discusses how he plans to advance oversight of crypto.

Fortune

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

Fortune

Senate Banking Committee: Sam Bankman-Fried will be subpoenaed if he doesn’t agree to attend FTX hearing

After weeks of waffling, the disgraced FTX founder faces an ultimatum.

Roll Call

Senate Banking Democrats plan bigger role in crypto legislation - Roll Call

Sen. Sherrod Brown says a bill supported by Sens. Stabenow and Boozman is too favorable to the crypto industry.

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Tribune News Service

CFTC chairman urges strengthening conflict-of-interest part of Senate crypto bill

Commodity Futures Trading Commission Chairman Rostin Behnam urged senators to strengthen conflict of interest and financial disclosure provisions for cryptocurrency entities in a key piece of legislation in light of the collapse of the FTX exchange.

Fortune

‘We can’t regulate this out of existence’: Senate Agriculture Committee grills CFTC chair on FTX collapse

Rostin Behnam said he met with Sam Bankman-Fried 10 times over an FTX proposal.

Roll Call

CFTC chief urges strengthening conflict-of-interest part of Senate crypto bill

Rostin Behnam urged senators to strengthen conflict-of-interest and disclosure language in a bill to regulate cryptocurrency.

Fortune

‘Inaction is paralysis’: CFTC Chair Rostin Behnam calls for regulation in the wake of FTX’s collapse

His commission has come under scrutiny for its relationship with the exchange and Sam Bankman-Fried.

WEKU

Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain

Congress, which has been unable to pass comprehensive crypto legislation, is digging into what happened as regulators try to police the new, mysterious world of virtual currencies with old laws.

Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Sept. 30

Crypto News Weekly Wrap-Up: Elon Musk mulls blockchain, crypto payments in Twitter texts; Disney's crypto plans; red notice issued for crypto founder

Chicago Sun-Times

Kraft, Mondelez agree to $16 million penalty over wheat trading

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

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