CFTC Brings Crypto Risks to the Agenda - Coinleaks
Current Date:September 21, 2024

CFTC Brings Crypto Risks to the Agenda

U.S. Commodity Futures Trading Commission ( CFTC), risk management rules should be reviewedstated.

Crypto regulations While it has become a busy agenda, the suggestions and sanctions of the regulators continue. Especially the SEC and CFTChas become the focus of discussion with their crackdown on crypto.

Putting intense pressure on the crypto side CFTCproposed a review of risk rules in light of emerging technologies such as artificial intelligence and crypto. CFTCCommissioner Christy Goldsmith RomeroHe stated that technological progress also triggers risks.

CFTC Focused on Crypto Risk Rules

U.S. Commodity Futures Trading Commission ( CFTC ), has published a proposal to change the risk rules. Commissioner Christy Goldsmith Romeromade statements on the subject.

Romero, in the face of possible changes to be made, companies crypto- volatilityAnd customers digital presence stated that it is necessary to be prepared for the risks. In addition, Romero said that with the expansion of digital assets, risks may arise in areas such as artificial intelligence and cloud services.

Especially with the policy it implements on the crypto side, it is at the center of the discussions. CFTC is now trying to address risk management. The regulator working on this issue, the proposed rules for 60 daysHe stated that it would be interpreted by the public.

On the other hand Romero, “These technological advances, with their accompanying risks, require the commission to reconsider our regulatory oversight, including our risk management requirements.”said.