Ether and Stablecoins are commodities, asserts CFTC chair

Behnam asserted that it "would not have allowed" Ether futures products to be listed on CFTC exchanges if it "did not feel strongly that it was a commodity asset."

Behnam asserted that it "would not have allowed" Ether futures products to be listed on CFTC exchanges if it "did not feel strongly that it was a commodity asset."

Ellison and Wang, two of Singh's former coworkers, agreed to stay in their CFTC cases, and Singh has agreed to propose a consent order in the CFTC case.

The CFTC has completed its inquiry into "Coin Signals," a cryptocurrency trader who conceded to defrauding the commodities market earlier this year.

SEC, CFTC, and DOJ are looking into whether FTX followed securities laws related to the segregation of customer assets and trading against customers.

Key Takeaways: The CFTC sued Digitex and its founder, alleging that the company had neglected to apply for the necessary license to conduct its trading operations. The organization asserts that the company and its founder, Adam Todd, tried to pump…