- According to one academic, the CFTC has been helpful for crypto consumers and entrepreneurs.
- Almost half of the cases brought before the CFTC in 2023 involved digital assets.
- Problems from increasing regulatory oversight in the U.S. do not come from the CFTC.
According to Carol Goforth, the Clayton Little Professor of Law at the University of Arkansas, the U.S. Commodities Futures Trading Commission (CFTC) has been helpful for crypto consumers and entrepreneurs. Goforth said this while commenting on a report that revealed that almost half of the cases brought before the CFTC in the 2023 fiscal year involved digital assets.
In a discussion with Coin Edition, the professor noted that from the perspective of legitimate crypto entrepreneurs, as opposed to fraudsters who admittedly do operate in the space, the primary problems stemming from increasing regulatory oversight in the U.S. do not come from the CFTC. According to her, the CFTC has been actively watching for fraud in the crypto markets and compliance failure with registration requirements for businesses selling derivative contracts based on crypto assets.
Goforth thinks the CFTC’s approach has been …
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