US Regulators Working Together to Combat Crypto Fraud - Says CFTC’s Giancarlo

in regulators •  7 years ago 

This Giancarlo has disclosed this international effort during the hearing of the US Foreign Office's budget for the fiscal year 2019 on the CFTC budget. These American regulators have started coordinating with their foreign counterparts to deal with cryptocurrency fraud, said Commodity Futures Trading Commission Chairman J Christopher Giancarlo said Wednesday, Adding that the treasury department and securities and officials in the exchange commission were also involved in the collaboration.

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That is a great step. Trying to combat crypto fraund is a great step been taken