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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: WendyBG ✶x2☼  😊 😞
Number: of 4581 
Subject: CFTC and crypto currencies
Date: 10/05/26 12:22 PM
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I wouldn’t touch crypto currencies with a 10 foot pole so I don’t have a dog in this fight. Not even one attached to the end of a 10 foot pole. ;-)

I’m posting because the CFTC is considering new regulations for crypto. Since the CFTC is an executive agency, they can enforce regulations outside the authority of Congress.

The linked article is by the Chair of the CFTC. It’s complicated and I won’t try to cut and paste. If you can’t read it because it’s behind a paywall, get the issue online from your local public library or ask AI to summarize it for you.

wsj.com - Cftcs new rules for crypto
CFTC’s New Rules for Crypto
The regulations will promote innovation and protect investors.

By Michael S. Selig, The Wall Street Journal, Oct. 5, 2026

I don’t know whether CFTC rules go into effect immediately or whether they require a period of open comment by the public. I also don’t know how they would interact with potentially conflicting state rules.

If you have crypto currency, find out to protect your own interest.

Wendy
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