Regulatory and Congressional Agenda
Commodity Futures Trading Commission
The Commodity Futures Trading Commission capped off its two-day Fintech Forward conference with an announcement that it has signed a fintech cooperation agreement with the Australian Securities and Investments Commission. Per an
accompanying release
:
“The signing of this arrangement with ASIC advances our mutual interest in facilitating technological innovation and development to enhance our respective markets,” said CFTC Chairman J. Christopher Giancarlo. “This arrangement will encourage the development of emerging financial and compliance technologies and continue to enhance global awareness of the critical role of regulators in 21st century digital markets. I am pleased to announce the signing of this arrangement on the occasion of the CFTC’s first FinTech conference, FinTech Forward 2018: Innovation, Regulation and Education.”
ASIC Chair James Shipton said, “We are delighted to partner with our colleagues at the CFTC to help encourage FinTech and RegTech innovation in both Australia and the United States. Technological changes are continuing to reshape financial services, markets and the regulatory landscape. Today’s arrangement assists innovative businesses to grow across borders and allows for greater information sharing and cooperation by the two regulators.”
Department of Justice
Cryptocurrency continues to make ignominious appearances in press releases from the Department of Justice, showing up twice in the last week: once earlier today in a
press release announcing the sentencing of a Gal Valerius
, a French citizen found guilty of narcotics trafficking and money laundering, and again last week in an action charging Russian GRU officials with international hacking and related influence and disinformation operations.