CFTC’s Pham Moves to Launch Spot Crypto Trading Without Congress

The post CFTC’s Pham Moves to Launch Spot Crypto Trading Without Congress appeared com. The U. S. Congress has long been trying to grant the Commodity Futures Trading Commission more direct authority over crypto spot markets, but the agency is forging ahead without it, and interim chief Caroline Pham is in talks with regulated exchanges to launch spot crypto products as soon as next month, according to people with direct knowledge of the plans. Even during the federal government shutdown that’s otherwise delaying crypto policy efforts in Washington, the people said that Acting Chairman Pham has been meeting personally with multiple financial platforms interested in listing spot crypto contracts. The CFTC is also weighing some further guidance on the how-to of this trading, they said, building on Pham’s public position that the agency has ample legal authority to approach the markets this way. Pham who is eventually set to be replaced by President Donald Trump’s new nominee, SEC crypto official Mike Selig is busy overhauling the CFTC’s internal structure and its enforcement division, and she’s also heading toward a tokenized collateral policy that is expected to emerge by early next year. But the most immediate policy area the agency is pressing forward on is in overseeing the new retail spot products on regulated platforms, done in the absence of a law from Congress. “As we continue to work with Congress on bringing legislative clarity to these markets, we are also using existing authorities to swiftly implement recommendations in the President’s Working Group on Digital Asset Markets report,” Pham said in a statement to CoinDesk. “I’m excited about new products that we expect to begin trading in our markets before year’s end, and am working to ensure a smooth transition for President Trump’s nominee for the permanent CFTC chairman.” Spot trading in commodities the immediate trading of actual assets rather than futures, in.

Slovenian Director Kukla Readies ‘Good Girl,’ Inspired by Greek Comedy ‘Lysistrata,’ With Lead Actresses From ‘Fantasy’ on Board (EXCLUSIVE)

Slovenian filmmaker Kukla, whose debut feature “Fantasy” premiered at Locarno Film Festival and played this week at Thessaloniki Film Festival, is working on her sophomore feature. The project has been mentioned briefly previously, but Variety has exclusive additional details, including the working title, casting, and Kukla’s sources of inspiration. Her next project, which has the [.].

Jets Beat out Browns for WR Trade: Report

The New York Jets beat the Cleveland Browns to the punch on the WR Adonai Mitchell trade according to a new report. The post Jets Beat out Browns for WR Trade: Report appeared first on Heavy Sports.

The Pelosi Era Nancy Pelosi may be leaving Congress, but her brand of progressive power politics isn’t—her era is not ending, it’s only just beginning. By Stephen Soukup

The other day, Nancy Pelosi-the longtime Democratic Congressional leader and the first and only female Speaker of the House-announced that she will not seek reelection next year. Unless she retires before this term is up, Mrs. Pelosi, who is also one of the most successful investors of her generation, will be just shy of 87 years old when she returns home after 40 years in Congress and a lifetime in and around politics. Because Pelosi was the first woman Speaker and because she has been the face of Congressional Democrats for so long, many in the mainstream media are calling her decision not to run for another term the “end of an era.” I beg to differ. While Nancy Pelosi’s tenure in office may be coming to a close, the era in American politics that she helped inaugurate is nowhere near finished. Indeed, after this past week’s off-year elections, it has new life and new momentum. Pelosi may be leaving Congress, but this is not the end of her era. It is, rather, the end of the beginning of her era-“the Pelosi Era.” Just over three months ago, I used this space to heap considerable scorn on former President Barack Obama, whom I blamed for helping to inaugurate the “total state” in American politics. “In 2008,” I wrote, “Americans were given implicit permission to hate one another for their differing ‘values’ and to see one another exclusively as friends or enemies in accordance with those values.” Obama, I continued, “took the political and cultural degeneration of the previous two centuries and made the acknowledgment and application of that ‘ruin’ socially acceptable, if not socially mandatory.” It is important to note, however, that Barack Obama and his divisiveness did not emerge onto the political scene fully formed, like Athena springing forth from the forehead of Zeus. They were part of an overarching trend in American politics that began in earnest a full six years before his election. Dating the beginning of a historical epoch is always difficult, often far more so than identifying its end. Nevertheless, the current epoch can likely be said to date from November 14, 2002. On that day, the House Democratic Caucus convened to choose a new leader.