CFTC Commissioner: It is necessary to strengthen education and publicity related to digital assets for investors.

[CFTC Commissioner: Investors need to strengthen education and publicity related to digital assets] Jinse Finance reported that Kristin Johnson, commissioner of the US Commodity Futures Trading Commission (CFTC), emphasized the importance of investor education and publicity in a recent roundtable discussion on digital assets. importance. In a recent roundtable discussion, she said that as the digital asset market grows and faces a recession, the CFTC sees a need for increased investor education and advocacy. Johnson believes: "We must increase investor education and advocacy to empower consumers, while combating illegal activities and maintaining the integrity and stability of our financial markets." (The Block)

Other news:

US CFTC Commissioner: CFTC Needs More Cryptocurrency Enforcement Resources from Congress: Jinse Finance reported that US Commodity Futures Trading Commission Commissioner Dan Berkovitz said that although the agency is applicable to futures contracts, swaps and options trading, it needs additional resources To deal with the spot market of encrypted assets. While he said the agency has the "capacity and expertise" to further regulate crypto assets, it is currently unable to do so due to "resource issues." If Congress decides that the CFTC should expand its jurisdiction to regulate the spot market in some way, the CFTC really needs additional resources, Berkovitz said. Not necessarily looking for more authority without more resources when it comes to the cryptocurrency market, the CFTC is staying in its own lane. [2021/9/22 16:56:38]

Voice | Former CFTC Chairman: Cryptocurrency Needs Regulation More Than Other Commodities: Former Commodity Futures Commission Chairman Gary Gensler says that if cryptocurrency is truly going to be part of the future, it must "enter the realm of public policy." He stressed the importance of protecting investors and guarding against illegal activities. He pointed out that large cryptocurrency exchanges must comply with the U.S. Securities and Exchange Commission (SEC) or the U.S. Commodity Futures Trading Commission (CFTC). He even said, "A pure cash cryptocurrency like Bitcoin needs protection even more than oil markets, corn and wheat." [2018/10/17]

CFTC warns against digital currency price hype for the first time: The U.S. Commodity Futures Trading Commission (CFTC) issued a warning against digital currency price speculation for the first time, stating that "beware of low-volume or new 'alternative' virtual currencies, digital currencies, or tokens. The price hype and manipulation scams that exist in cryptocurrencies. [2018/3/2]