The CFTC sanctioned a digital asset commodity trading platform for failing to register with the CFTC as either a DCM or an FCM and offering trading in CFTC-regulated products to retail investors.
SEC Chair Gary Gensler contended that the "vast majority" of cryptocurrency tokens on the market are securities subject to SEC regulation.
The CFTC initiated a review of a CFTC Designated Contract Market offering related to "which political party will be in control of each chamber of the U.S. Congress."
The CFTC withdrew no-action relief granted to an event futures market that permitted U.S. persons to make small trades on the outcome of events such as elections.
CFTC Chair Rostin Behnam asserted that the CFTC has the existing authority to regulate digital assets markets and the relevant experience to do so.