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cryptonews

2023-01-19 10:00:00

CFTC Commissioner Comes Out Strongly Against Self Certification of Product Listings by Exchanges

CFTC Commissioner Comes Out Strongly Against Self Certification of Product Listings by Exchanges

Christy Goldsmith Romero, a top official with the US Commodity Futures Trading Commission (CFTC), is warning lawmakers against allowing cryptoasset exchanges to self-certify with the regulator to list trading products. Goldsmith Romero suggested that this is a dangerous process, as it would enable "regulatory arbitrage", given that some cryptoassets may be deemed securities by the Securities and Exchange Commission (SEC) - and therefore also overseen by this separate agency.... Read More: CFTC Commissioner Comes Out Strongly Against Self Certification of Product Listings by Exchanges

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