Express

CFTC Chairman Requests “Principles-Based Regulation” For Cryptocurrencies

Janelle Fox

Summary: Heath Tarbet, chairman of the United States Commodity Futures Trading Commission (CFTC), has asked for “principles-based regulation” for cryptocurrencies. Tarbert said that this method would allow for a period of growth and surveillance before adopting more targeted rules. The chairman stressed that this approach wouldn’t necessarily imply a light-touch approach, but would instead move way ...

Heath Tarbet, chairman of the United States Commodity Futures Trading Commission (CFTC), has asked for “principles-based regulation” for cryptocurrencies.

Tarbert said that this method would allow for a period of growth and surveillance before adopting more targeted rules. The chairman stressed that this approach wouldn’t necessarily imply a light-touch approach, but would instead move way from detailed rules to instead depend on high-level and “broadly-stated principles” to create the basis for regulated firms and products.

By Janelle Fox

Last Update:

Tags: ,,,
Link: CFTC Chairman Requests “Principles-Based Regulation” For Cryptocurrencies   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 3 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 15 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 18 days ago

    • You need to login to comment.