US CFTC Appoints Former Federal Prosecutor and Digital-Asset Specialist David Miller as Director of Enforcement

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JH Kim

Summary

  • The US Commodity Futures Trading Commission (CFTC) said it has appointed former federal prosecutor David Miller as Director of Enforcement.
  • Miller, who primarily handled digital-asset cases, is expected to play a key role in strengthening enforcement and oversight in digital-asset areas such as crypto assets and prediction markets.
  • As the CFTC has recently been actively asserting jurisdiction over prediction-market platforms and crypto-asset derivatives, the appointment is interpreted as a signal that it intends to further tighten its regulatory enforcement stance.

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According to crypto-focused media outlet The Block on the 2nd (local time), the US Commodity Futures Trading Commission (CFTC) appointed former federal prosecutor David Miller as Director of Enforcement.

Miller is known for having primarily handled digital-asset cases during his tenure as a federal prosecutor. He is expected to play a key role as the agency steps up enforcement and oversight of digital-asset areas such as crypto assets and prediction markets.

With the CFTC recently asserting jurisdiction aggressively over prediction-market platforms and crypto-asset derivatives, the appointment is seen as a signal that the commission intends to further tighten its regulatory enforcement stance.

Photo = Shutterstock
Photo = Shutterstock
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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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