Person
Chair of the U.S. Commodity Futures Trading Commission, the federal agency regulating derivatives and, increasingly, crypto markets.
CFTC issued an interim final rule on Oct. 9 excluding state- and tribal-licensed casino sportsbooks from the swap definition. A proposal published the same day would treat exchange-traded sports and politics event contracts as swaps, so federal treatment would follow the venue.
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CFTC on Oct. 5 opened a consultation on an optional federal registration for crypto venues offering retail leverage, with 60 days for comments. Chairman Michael Selig also proposed a 28-day wallet-delivery test that would generally exempt those trades from registered-exchange trading rules.
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CFTC on Oct. 5 opened 60 days of public comment on an advance notice of rulemaking for crypto asset transactions. Comments land before any rule is proposed, so firms with digital-asset exposure get their earliest say on any rules the commission writes.
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The European Securities and Markets Authority put the phrase in a report published Thursday. Among the venues it describes is Polymarket, valued at $21 billion after Donald Trump Jr.'s 1789 Capital bought in when it was worth under a billion.
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The CFTC opened a 60-day consultation on compute derivatives on Aug. 19. The design question underneath it, which index a hedge settles against, decides whether the hedge works at all.
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Two days of spot ETF inflows add to roughly $1.12 billion. The short liquidations cited alongside them are more than three times that, and they only pay once.
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