News Centre

CFTC Staff Withdraws Advisory On Prime Brokerage Arrangements

Date 18/07/2025

The Commodity Futures Trading Commission’s Division of Clearing and Risk today announced it is withdrawing CFTC Letter No. 23-06, Staff Advisory Relating to Prime Brokerage Arrangements and Derivatives Clearing Organization Registration, effective immediately. 

Statement From U.S. Secretary Of The Treasury Scott Bessent On Enactment Of The GENIUS Act

Date 18/07/2025

U.S. Secretary of the Treasury Scott Bessent issued the following statement following President Trump’s signing of the GENIUS Act:

“Stablecoins represent a revolution in digital finance,” said Treasury Secretary Scott Bessent. “The dollar now has an internet-native payment rail that is fast, frictionless, and free of middlemen. This groundbreaking technology will buttress the dollar’s status as the global reserve currency, expand access to the dollar economy for billions across the globe, and lead to a surge in demand for US Treasuries, which back stablecoins. The GENIUS Act provides the fast-growing stablecoin market with the regulatory clarity it needs to grow into a multitrillion-dollar industry. The signing of this bill marks a seminal moment for digital assets and dollar supremacy.” 

Smart Start: Statement On The GENIUS Act, SEC Commissioner Hester M. Peirce, July 18, 2025

Date 18/07/2025

The signing of the GENIUS Act into law marks an important milestone in the effort to bring regulatory clarity to crypto—a necessary prerequisite for innovation in our markets to flourish and for the American public to benefit from that innovation. The new law confirms that payment stablecoins are not securities. People have voted with their dollars—privately issued stablecoins already enjoy broad use as a payments mechanism. The GENIUS Act, by putting a regulatory framework around them, aims to protect current and future users and the financial system. The GENIUS Act charges state and federal banking regulators with overseeing payment stablecoin issuers. This clear direction from Congress also should serve as a catalyst for the SEC to provide guidance on how SEC registrants can use—and accommodate their customers’ use of—payment stablecoins. I invite investors and market participants regulated by the SEC to engage with the Crypto Task Force on what the Commission needs to do, in light of the GENIUS Act, to ensure that SEC registrants interacting with payment stablecoins can serve their customers effectively, efficiently, and safely.

Comptroller Of The US Currency Issues Statement On Enactment Of GENIUS Act

Date 18/07/2025

Comptroller of the Currency Jonathan V. Gould today issued the following statement on the enactment of the GENIUS Act.

The enactment of the GENIUS Act is a monumental and historic accomplishment that will transform the financial services industry. The OCC is prepared to work swiftly to implement this landmark legislation that expands the authority of the OCC to include nonbank payment stablecoin issuers.

Statement On President Trump Signing The GENIUS Act Into Law, Paul S. Atkins, SEC Chairman, July 18, 2025

Date 18/07/2025

President Trump’s signing the GENIUS Act is a monumental step forward for crypto assets, financial markets, and our country. As I have stated previously, blockchain and crypto asset technologies have the potential to revolutionize America’s financial infrastructure and deliver new efficiencies, cost reductions, transparency, and risk mitigation for the benefit of all Americans. Ensuring that the U.S. is the best and most secure place in the world to invest and do business requires clear rules of the road that allow market participants to adopt emerging technologies with confidence. President Trump and the entire Administration are sending a powerful message that America is ready to embrace crypto asset innovation.

CFTC Commitments Of Traders Reports Update

Date 18/07/2025

The current reports for the week of July 15, 2025 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

CFTC Commissioner Johnson Hosted The Regulators’ Roundtable: Financial Markets Innovation And Supervision Of Emergent Technology In London

Date 18/07/2025

On July 14, 2025, Commodity Futures Trading Commission Commissioner Kristin Johnson convened the third annual international financial markets regulation roundtable in London. The agenda and engagement focused on rapidly evolving technologies — with emphasis on the increasing integration of artificial intelligence, the proliferation of cyber threats, and the rapid adoption of digital assets across global financial markets.

CFTC Staff Issues No-Action Letter Extension Regarding Position Aggregation Requirements

Date 18/07/2025

The Commodity Futures Trading Commission’s Division of Market Oversight today issued a no-action letter extending the no-action positions in CFTC Staff Letter No. 22-09 regarding certain position aggregation requirements, which expires Aug.12. 

MIAX Exchange Group - Options Markets - Market For Underlying Security Used For Openings On MIAX Options, MIAX Pearl Options, MIAX Emerald Options, And MIAX Sapphire Options For Newly Listed Symbols Effective Monday, July 21, 2025

Date 18/07/2025

Please refer to the Regulatory Circulars listed below for newly added symbols and the corresponding market for the underlying security used for openings on the MIAX Exchanges. The newly listed symbols will be available for trading beginning Monday, July 21, 2025.

Nasdaq Statement On The Preliminary Proxy Filed By Invesco QQQ Trust And The Proposals Contained Within It

Date 18/07/2025

Today, Nasdaq issued the following statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it.