U.S. CFTC Commissioner: Regulatory Differences Between Intermediary and Non-Intermediary Market Structures Should be Studyed to Take Encryption User Protection Measures

According to The Block, US Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson said that CFTC should consider the measures that current regulators can take to protect customers after the failure of FTX. She has discussed with other commissioners and other departments within the agency. We talked to examine the differences in regulations governing intermediated and disintermediated market structures, such as the need for futures commission merchants (FCMs) to segregate client assets as intermediaries. Foresight News previously reported that last month Kristin Johnson called on Congress to revise several pieces of proposed digital asset legislation to expand regulators’ scrutiny powers over acquisitions of crypto companies such as LedgerX.