Crypto commodity platforms, for their part, would be required to maintain a relationship with the CFTC similar to other commodity dealers. For example, they would need to keep good records for at least five years, share information with the CFTC upon request, appoint a chief compliance officer, and submit to provisions that protect against “fraud, deceit, and manipulation.”
Related posts
-
BlackRock in Talks With Crypto Exchanges About Using Its BUIDL Token As Derivatives Collateral: Report
Asset management titan BlackRock is reportedly in talks with numerous crypto exchange platforms about using its... -
Crypto ATMs Coming to 45 New Locations Across Five US States
Cryptocurrency is becoming more accessible across the U.S. with... -
Hong Kong’s Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist
Hong Kong police have dismantled a notorious fraud syndicate...