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CFTC Kicks Off Second “Crypto Sprint” To Deliver White House’s Crypto Goals


The US commodities regulator has launched its second “crypto sprint” to implement recommendations from the President’s Working Group on Digital Asset Markets, this time focusing on stakeholder engagement.

The Commodity Futures Trading Commission (CFTC) is seeking public input from crypto market participants on how it can better regulate spot crypto trading, the acting chair Caroline D. Pham said on Thursday.

“The public feedback will assist the CFTC in carefully considering relevant issues for leveraged, margined or financed retail trading on…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

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by Tech In Asia

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