• Daniel Gorfine, chief innovation officer of the Commodities Futures Exchange Commission and director of LabCFTC (photo by Lawrence Lewitinn for Modern Consensus).
    United States

    Blockchain champion Daniel Gorfine to leave CFTC

    Creator of LabCFTC to go back to the private sector

    The Commodity Futures Trading Commission (CFTC) is losing one of its top blockchain-friendly officials to the private sector. Daniel Gorfine, the agency's first chief innovation office and the director in charge of LabCFTC, is quitting the agency in two weeks to go back to the private sector. There is no word yet where he is going.

  • LedgerX CEO Paul Chou could learn a thing or two from George Carlin (via LedgerX).
    United States

    LedgerX spokesperson quits after CEO’s profanity-laced tirade against federal regulators

    RGPR’s Ryan Gormley dropped LedgerX after Paul Chou lashed out at the CFTC on Twitter

    An hour after Chou accused the Commodity Futures Trading Commission (CFTC) regulator of acting in bad faith and being in the pocket of one of the largest companies it oversees, RGPR agency founder Ryan Gormley took to twitter with a message of his own.

  • Call in the experts: Jeremy Allaire of Circle, Rebecca Nelson of The Blockchain Association, and Mehrsa Baradaran of the University of California, Irvine School of Law before the U.S. Senate Banking Committee, July 30, 2019.
    Bitcoin,  Cryptocurrencies,  Libra,  Politics,  United States

    Analysis: Cryptocurrency experts tell Senate innovation requires regulation

    In the wake of Facebook’s Libra plan, a Senate Banking Committee hearing shows Congress getting serious about cryptocurrency regulation

    A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.

  • NYU Prof. Nouriel Roubini and BitMEX CEO Arthur Hayes, as they appeared in a digital flyer (via BitMEX).
    Cryptocurrencies,  United States

    Report: CFTC investigating BitMEX for trading violations

    Potential suit comes days after CEO Arthur Hayes tangled with NYU professor and cryptocurrency critic Nouriel Roubini

    On Tuesday, NYU Professor and prominent cryptocurrency critic Nouriel Roubini penned a column titled “The Great Crypto Heist,” in which he savaged a frequent target, cryptocurrency derivatives platform BitMEX, as both corrupt and crooked.