The head of the CFTC told lawmakers Thursday that any federal approach to crypto regulation should be "carefully tailored" to the risks involved.
The CFTC's Technology Advisory Committee created two subcommittees devoted to cryptocurrencies and blockchain in its meeting today.
The first two panels in Wednesday's CFTC Technology Advisory Committee meeting will discuss blockchain and crypto-related matters, respectively.
In the rapidly-evolving world of cryptocurrency, the SEC and CFTC are belatedly ramping up their efforts in fulfillment of their appointed duties.
The SEC's Office of Compliance Inspections and Examinations plans to prioritize the examination of cryptocurrencies and ICOs in 2018.
CoinDesk recaps Tuesday's U.S. Senate hearing, in which two major regulatory agencies testified as to their abilities to oversee the crypto market.
"It's important to remember that if there were no bitcoin, there would be no distributed ledger technology," Giancarlo told a U.S. Senate committee.
As might be expected, Tuesday's Senate hearing touched on cryptocurrencies' volatility. But the head of the CFTC put the matter in perspective.
Venezuela's plan to launch a cryptocurrency came under fire from U.S. lawmakers on Tuesday in a hearing that saw discussion on domestic regulation.