David McGill on the CFTC’s Policy Agenda in 2021
January 4, 2021
With the U.S. Commodity Futures Trading Commission (CFTC) expected to come under Democratic leadership in 2021, Kobre & Kim’s David McGill told Law360 what he expects the regulator’s policy agenda to look like in the new year.
One of the CFTC’s top priorities will be the regulation of digital assets, including digital currencies such as Bitcoin. The agency’s enforcement division was active throughout 2020 and is likely to continue to keep a close eye on illegal trading in the sector. In fact, McGill expects the CFTC to “continue collaborating with the U.S. Department of Justice,” which is also cracking down on fraudulent digital currency activity.