U.S. Commodities Agency May Change Risk Rules to Consider Crypto

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• 2023-06-02
• Christy Goldsmith Romero risk management digital assets CFTC Goldsmith Romero

No way to police all cryptocurrency fraud, CFTC commissioner says

A top U.S. regulator said on Tuesday there is no way to police all cryptocurrency fraud because there is so much, though her agency is working on several big cases. Christy Goldsmith Romero, one of five commissioners at the Commodity Futures Trading Commission (CFTC), said cryptocurrency cases account for about 20% of the agency's portfolio, including recent civil cases against the exchanges Binance and FTX. "There's just a lot of fraud in the space," Goldsmith Romero said at a white collar cr

• 2023-05-24
• Christy Goldsmith Romero Goldsmith Romero Commodity Futures Trading Commission CFTC Changpeng Zhao New York City Bar Association cryptocurrency police

Crypto must end anonymity for illicit finance, U.S. regulator says

Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security risks that must be addressed. Christy Goldsmith Romero, a commissioner at the U.S. Commodity Futures Trading Commission, said cryptocurrencies were being used to finance cybercrime whose victims include individuals, companies, hospitals and critical infrastructure.

• 2023-04-25
• Christy Goldsmith Romero