With today’s vote to advance crypto market structure legislation out of the @SenateAg Committee, we are one step closer to establishing the necessary regulatory framework to make the United States the crypto capital of the world.
Thank you to Chairman @JohnBoozman as well as his staff for their leadership throughout this process. While the vote was partisan, a number of Democrat members stated their commitment to passing this important legislation. We will continue to work with them on a bipartisan basis to achieve that goal.
We had a great call today with Chairmen @SenatorTimScott and @JohnBoozman who confirmed that a markup for Clarity is coming in January. Thanks to their leadership, as well as @RepFrenchHill and @CongressmanGT in the House, we are closer than ever to passing the landmark crypto market structure legislation that President Trump has called for. We look forward to finishing the job in January!
I am honored to be confirmed as the 16th Chairman of the @CFTC.
I want to again express my gratitude to President Donald J. Trump @POTUS for placing his trust and confidence in me to lead the agency during this historic time. I also want to thank @SenateAgGOP and the U.S. Senate for a smooth and speedy confirmation, @DavidSacks for his leadership in revitalizing American entrepreneurship, innovation, and productivity by modernizing legacy regulations and cutting red tape, @SECPaulSAtkins and @HesterPeirce for their guidance, wisdom, and mentorship during my time at @SECGov, @CarolineDPham for her strong stewardship of the CFTC as Acting Chairman, @giancarloMKTS for setting an example of principled governance that inspired me to follow in his footsteps, and all who supported me throughout the process.
Today begins a new chapter for the CFTC. We are at a unique moment as a wide range of novel technologies, products, and platforms are emerging, retail participation in the commodity markets is at an all-time high, and Congress is poised to send digital asset market structure legislation that will cement the U.S. as the Crypto Capital of the World to the President’s desk. I welcome the vital responsibility to oversee the stability and security of America’s commodity derivatives markets during this period of rapid transformation. No agency is better suited to pioneer common-sense rules of the road for the new financial markets of America’s Golden Age than the Commodity Futures Trading Commission. Under my leadership, the CFTC will conquer these great frontiers and ensure that the innovations of tomorrow are Made in America.
Onwards.
We’re kicking off our September update with a major announcement — https://t.co/dwRH3YcIjT secures the full stack of CFTC approvals.
✅ First major crypto platform in the US to do so
✅ Obtained derivatives clearinghouse organization (DCO) licence
✅ Approved as a Futures Commission Merchant (FCM)
This allows us to seamlessly provide clients with the most comprehensive and integrated derivatives experience.
Here’s what else the team achieved:
🔹 Send is live — Pay Your Friends has a new name, refreshed interface, contact syncing, and for the first time, support for fiat transfers.
🔹 Sports and Prediction upgrades — Limit Orders and Orderbook Visibility are here, letting you place orders at specific prices. We also added predictions for recurring financial events, commodities, stock indices, and because you asked for it, soccer.
🔹 Underdog partnership — Our first B2B partner in this space, offering fantasy sports, sportsbook, and prediction markets together in one seamless app.
We can’t wait to see what Uptober brings, so stay tuned for more.
I started a new YouTube channel. I am relatively new to this, but I think now is a great time to scale up my social media presence and expand on other platforms.
Please let me know your thoughts on this type of content. It is primarily voicing and amalgamating my X posts in a more palatable format for the YouTube audience.
I am not ready to doxx myself (maybe never will be), so I figured out voicover is the way to go. https://t.co/BSoq996bq1