cryptoassets regulation

More than one in five enforcement actions taken by derivatives regulator the U.S. Commodity Futures Trading Commission (CFTC) in fiscal 2022 involved digital assets.

The agency’s report detailing enforcement for its latest fiscal year (ended Sept. 30) showed that it filed 82 enforcement actions during the year, including 53 administrative cases and 29 civil actions.

Those cases produced orders imposing more than US$2.5 billion in restitution, disgorgement and civil penalties.

The agency also highlighted that 18 of the cases it brought during the year — representing more than 20% of all enforcement actions — involved digital assets.

CFTC chairman Rostin Behnam said the report “shows the CFTC continues to aggressively police new digital commodity asset markets with all of its available tools.”