News list for " commodity"
Gold futures prices rose on the back of safe-haven demand. Nikos Zabouras, a veteran financial commentator at Tradu, believes that gold has solidified its position as the leading safe-haven asset and become an attractive hedge against inflation. Gold prices have risen nearly 10% this year, helped by President Trump's disruptive operating methods, aggressive rhetoric and potential tariffs that could hit global trade and supply chains. In the uncertain "special...
According to Cointelegraph, Chris Giancarlo, a former chairperson of the US Commodity Futures Trading Commission (CFTC), said: "Bitcoin was designed to define its scarcity. You can never have more than a certain amount of bitcoin. Bitcoin is appreciating rapidly."
The U.S. Commodity Futures Trading Commission (CFTC) announced on February 10, 2025 that the U.S. District Court for the District of Massachusetts has issued a consent order against Randall Crater (founder of "My Big Coin") in Heathrow, Florida, requiring it to pay more than $7.60 million to victims of a cryptocurrency fraud scheme. The order also prohibits Crater from trading in any CFTC-regulated market, conducting any transactions involving digital asset commodities, and registering with the ...
European Union Commission: No formal notification of additional duties on European Union goods has been received.
On February 8th, according to Cointelegraph, the former chairperson of the US Commodity Futures Trading Commission (CFTC), Rostin Behnam, has officially resigned on February 7th, and President Trump has not yet nominated a successor. Behnam had announced on January 7 that he would step down as chairperson on the day of Trump's inauguration, and Caroline Pham was subsequently elected as acting chairperson. At present, the five-member committee is divided between Republicans and Democrats. While t...
According to Fox Business reporter Eleanor Terrett, the U.S. Commodity Futures Trading Commission (CFTC) is planning to host a CEO forum to discuss the CFTC's Digital Asset Market Pilot Program for tokenized non-cash collateral, such as stablecoins. Participants included leaders from Circle, Coinbase, Crypto.com with Ripple, the crypto pilot program, and the concept of scaling non-cash collateral through distributed ledger technology proposed by current acting CFTC chair Caroline Pham.
Caroline Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), said the commission has gone too far in its fight against prediction markets and that overturning its rules, orders and court arguments would take a lot of energy. Pam, who was appointed by President Donald Trump to run the Commodity Futures Trading Commission (CFTC), has been moving quickly to overturn the policy positions of the previous Democratic leadership of the derivatives regulator. The CFTC will soon sc...
Caroline Pham, acting chair of the US Commodity Futures Trading Commission (CFTC), said the regulator had restructured its enforcement arm to "refocus" on fighting fraud and "stop policing through enforcement," CoinDesk reported.
The total weight of gold bars to be delivered will be 30 million ounces, which will be the second largest delivery volume on the New York Commodity Futures Exchange since records began in 1994. Click to view...
The Federal District Court for the Southern District of New York issued a consent order against Gemini Trust Company LLC for providing false or misleading information in violation of the Commodity Exchange Act (CEA). Gemini was ordered to pay a $5 million civil penalty and is subject to a permanent injunction. The case involves that between July and December 2017, Gemini submitted false or undisclosed key information to the CFTC to support the self-certification of bitcoin futures contracts, inc...
The U.S. Commodity Futures Trading Commission (CFTC) has announced a default judgment in the case of Mosaic Exchange Ltd. and its owner and CEO, Sean Michael. The CFTC launched an enforcement action alleging the existence of a fraudulent digital asset commodity scheme. The order is based on a lawsuit filed by the CFTC on September 26, 2023, and the default judgment holds Mosaic and Michael responsible for all violations of CFTC regulations alleged in the lawsuit, including fraudulently solicitin...
U.S. Commodity Futures Trading Commission (CFTC): For the week ended January 7, WTI crude oil speculators increased their net long position by 47,503 contracts to 207,153 contracts.
The US Commodity Futures Trading Commission (CFTC): For the week ended January 7, COMEX gold speculators' net long position increased by 12,116 contracts to 194,499 contracts.
Ian McGinley, director of enforcement at the US Commodity Futures Trading Commission (CFTC), announced his departure on January 17. He joined the agency in February 2023 and has led enforcement actions against Binance, KuCoin, Falcon Labs and others. In a statement announcing his departure on January 17, Ian McGinley said "making the CFTC the premier enforcement agency for digital asset enforcement" was a top priority of his tenure.
Copper and silver futures in New York surged above international benchmarks as traders ramped up bets that Mr. Trump would impose steep import tariffs on the two metals. New York Mercantile Exchange (COMEX) front-month silver futures traded at a premium of more than $0.80 an ounce to spot silver prices in London on Thursday, near their December peak. COMEX front-month copper also traded at...
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