Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

2025-05-19

Crypto companies to report every transaction under new British laws

2025-05-19

Stellar [XLM] Price forecast – Research why $ 0.27 is an important level for Altcoin

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Crypto companies to report every transaction under new British laws

    2025-05-19

    Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

    2025-05-19

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19
  • Analysis

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»CFTC’s Caroline Pham says KuCoin charges could infringe on the SEC’s authority
CFTC’s Caroline Pham says KuCoin charges may infringe on SEC authority
Regulation

CFTC’s Caroline Pham says KuCoin charges could infringe on the SEC’s authority

2024-03-30No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

CFTC Commissioner Caroline Pham said on March 29 that her agency’s charges against KuCoin may constitute a breach of the SEC’s duties.

Pham acknowledged the CFTC case as an “aggressive enforcement action” and commended the Division of Enforcement for this step. However, she expressed concern about some of the allegations.

Distinction needed

According to Pham, the complaint suggests that fund shares held by investors may themselves be a form of leveraged trading.

She said this interpretation does not distinguish between investments in funds, which are commonly considered a security under the jurisdiction of the SEC, and a fund’s trading activities, which are under the jurisdiction of the CFTC.

Stressing the need for a distinction, she wrote:

“Owning stocks is not the same as trading derivatives.”

Pham added that the CFTC’s handling of the issue “could constitute an infringement on the authority of the SEC,” undermining investor protection laws and disrupting the foundations of the securities markets.

Some commentators previously noted that the case names Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) as commodities, potentially excluding these tokens from the SEC’s jurisdiction. Pham’s statements do not address this exact issue.

KuCoin will be charged this week

The CFTC filed civil charges against KuCoin and related companies on March 26 on allegations of operating an illegal digital asset derivatives exchange and, more broadly, violating the Commodity Exchange Act (CEA) by not registering with the CFTC.

The US Department of Justice has also filed criminal charges against KuCoin and two of its founders, including but not limited to alleged violations of anti-money laundering laws.

See also  Crypto Exchange Founder Pleads Guilty to $700,000,000 in Unlicensed Money Transfer Charges: DOJ

KuCoin responded to the allegations by assuring users that the funds would remain safe and claiming that it complied with various local laws. The company said its lawyers are investigating the claims.

The post CFTC’s Caroline Pham Says KuCoin Charges Could Infringe on SEC Authority appeared first on CryptoSlate.

Source link

Authority Caroline CFTCs charges infringe KuCoin Pham SECs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto companies to report every transaction under new British laws

2025-05-19

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

2025-05-19

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

2025-05-19

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19
Add A Comment

Comments are closed.

Top Posts

New UK crypto laws pose a major challenge for most businesses, Delphi Labs counsel warns

2023-09-12

The NFT market looks brutal. This is what it takes for a turnaround.

2023-08-07

BNB Price Set to Rise: Could This Be the Next Big Thing?

2024-11-08
Editors Picks

Openfabric AI joins forces with InitVerse to empower dApp developers

2024-10-13

Transforming the helium network with more than 100,000 new access points

2024-10-10

Bitcoin: Should You Expect an 18-Month Halving Rally This Year?

2024-03-22

BTC Fear and Greed Index at 29: How Long Will Bitcoin Traders Stay ‘Fearful’?

2024-07-05

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Crypto companies to report every transaction under new British laws

Stellar [XLM] Price forecast – Research why $ 0.27 is an important level for Altcoin

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,727.132.24%
  • ethereumEthereum(ETH)$2,554.416.93%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.381.30%
  • binancecoinBNB(BNB)$650.011.87%
  • solanaSolana(SOL)$169.262.35%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2252532.47%
  • cardanoCardano(ADA)$0.742.10%
  • tronTRON(TRX)$0.2679572.72%
  • suiSui(SUI)$3.862.35%
  • chainlinkChainlink(LINK)$16.055.92%
  • avalanche-2Avalanche(AVAX)$22.362.31%
  • stellarStellar(XLM)$0.2855981.74%
  • hyperliquidHyperliquid(HYPE)$26.412.09%
  • shiba-inuShiba Inu(SHIB)$0.0000152.06%
  • hedera-hashgraphHedera(HBAR)$0.1955903.35%
  • unus-sed-leoUNUS SED LEO(LEO)$8.700.61%
  • bitcoin-cashBitcoin Cash(BCH)$394.280.75%
  • the-open-networkToncoin(TON)$3.040.34%
  • litecoinLitecoin(LTC)$97.440.76%
  • polkadotPolkadot(DOT)$4.632.28%
  • moneroMonero(XMR)$347.521.18%
  • bitget-tokenBitget Token(BGB)$5.171.17%
  • pepePepe(PEPE)$0.0000132.55%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.740.92%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$266.5722.90%
  • uniswapUniswap(UNI)$5.973.95%
  • bittensorBittensor(TAO)$413.772.74%
  • nearNEAR Protocol(NEAR)$2.824.31%
  • aptosAptos(APT)$5.216.03%
  • okbOKB(OKB)$52.26-0.20%
  • ondo-financeOndo(ONDO)$0.943.92%
  • kaspaKaspa(KAS)$0.1087220.79%
  • ethereum-classicEthereum Classic(ETC)$18.615.25%
  • internet-computerInternet Computer(ICP)$5.274.09%
  • gatechain-tokenGateToken(GT)$21.600.82%
  • crypto-com-chainCronos(CRO)$0.0970131.23%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.830.75%
  • mantleMantle(MNT)$0.730.32%
  • vechainVeChain(VET)$0.0283833.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2337201.26%
  • render-tokenRender(RENDER)$4.674.93%
  • ethenaEthena(ENA)$0.3807457.19%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2239323.74%
  • arbitrumArbitrum(ARB)$0.3937805.68%
  • filecoinFilecoin(FIL)$2.873.61%
  • bitcoinBitcoin(BTC)$105,727.132.24%
  • ethereumEthereum(ETH)$2,554.416.93%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.381.30%
  • binancecoinBNB(BNB)$650.011.87%
  • solanaSolana(SOL)$169.262.35%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2252532.47%
  • cardanoCardano(ADA)$0.742.10%
  • tronTRON(TRX)$0.2679572.72%
  • suiSui(SUI)$3.862.35%
  • chainlinkChainlink(LINK)$16.055.92%
  • avalanche-2Avalanche(AVAX)$22.362.31%
  • stellarStellar(XLM)$0.2855981.74%
  • hyperliquidHyperliquid(HYPE)$26.412.09%
  • shiba-inuShiba Inu(SHIB)$0.0000152.06%
  • hedera-hashgraphHedera(HBAR)$0.1955903.35%
  • unus-sed-leoUNUS SED LEO(LEO)$8.700.61%
  • bitcoin-cashBitcoin Cash(BCH)$394.280.75%
  • the-open-networkToncoin(TON)$3.040.34%
  • litecoinLitecoin(LTC)$97.440.76%
  • polkadotPolkadot(DOT)$4.632.28%
  • moneroMonero(XMR)$347.521.18%
  • bitget-tokenBitget Token(BGB)$5.171.17%
  • pepePepe(PEPE)$0.0000132.55%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.740.92%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$266.5722.90%
  • uniswapUniswap(UNI)$5.973.95%
  • bittensorBittensor(TAO)$413.772.74%
  • nearNEAR Protocol(NEAR)$2.824.31%
  • aptosAptos(APT)$5.216.03%
  • okbOKB(OKB)$52.26-0.20%
  • ondo-financeOndo(ONDO)$0.943.92%
  • kaspaKaspa(KAS)$0.1087220.79%
  • ethereum-classicEthereum Classic(ETC)$18.615.25%
  • internet-computerInternet Computer(ICP)$5.274.09%
  • gatechain-tokenGateToken(GT)$21.600.82%
  • crypto-com-chainCronos(CRO)$0.0970131.23%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.830.75%
  • mantleMantle(MNT)$0.730.32%
  • vechainVeChain(VET)$0.0283833.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2337201.26%
  • render-tokenRender(RENDER)$4.674.93%
  • ethenaEthena(ENA)$0.3807457.19%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2239323.74%
  • arbitrumArbitrum(ARB)$0.3937805.68%
  • filecoinFilecoin(FIL)$2.873.61%