ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

Gold Bar & BTC Giveaway2000g

PANews reported on December 12th that, according to The Block, Acting Chair Caroline Pham of the U.S. Commodity Futures Trading Commission (CFTC) stated that thePANews reported on December 12th that, according to The Block, Acting Chair Caroline Pham of the U.S. Commodity Futures Trading Commission (CFTC) stated that the

The US CFTC has withdrawn its 2020 guidance focusing on the "physical settlement" of digital assets.

2025/12/12 07:01

PANews reported on December 12th that, according to The Block, Acting Chair Caroline Pham of the U.S. Commodity Futures Trading Commission (CFTC) stated that the agency is withdrawing "outdated and overly complex guidance" related to the delivery of digital assets. On Thursday, Pham said the agency would withdraw its 2020 guidance under the Dodd-Frank Act, a federal law passed in 2010 to address the 2008 financial crisis. The guidance focused on the "physical delivery" of digital assets.

Pham stated that this is part of recommendations in the President's Task Force on Digital Asset Markets report. This summer, the White House released a lengthy report on cryptocurrencies, addressing illicit finance and taxation issues, and recommending granting the Commodity Futures Trading Commission (CFTC) regulatory powers over digital assets. "Today's announcement demonstrates that tangible progress can be made, protecting the interests of Americans, by taking decisive action to facilitate safe access to U.S. markets," Pham said on Thursday.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

                                                                               Although crypto treasury companies have enjoyed short-term price gains, most have underperformed the underlying assets they hold.                     Crypto asset prices retraced this week, but the spot market is faring better than most digital asset treasury companies, which have lost over 90% of their value in some cases due to market saturation and investor concerns over the sustainability of the digital asset treasury business model.Strategy, the largest Bitcoin (BTC) treasury company, is down about 45% from its all-time high of $543 per share during intraday trading in November. Comparatively, BTC is up about 10% since hitting a high of over $99,000 over the same month.Additionally, BTC has printed successive new highs since December, hitting an all-time high of over $123,000 in August, whereas Strategy has failed to reach a new all-time high in 2024 or even recapture its previous all-time high during the same time period.Read more