President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Commodity Futures Trading Commissioner Brian Quintenz said some type of regulation in the crypto market is good.
"Regulation can add to credibility," Quintenz told CNBC on "Closing Bell " on Wednesday. "And I think the participants in this market want a credible marketplace."
"Everyone that trades these products needs to know that there is no federal oversight over these platforms," said Quintenz, who was in Washington, D.C., on Wednesday for the third annual DC Blockchain Summit. "And I would agree with the SEC that some type of federal oversight is a good idea. Ultimately, it's for Congress to decide that."
Earlier in the day, the Securities and Exchange Commission said it will now require digital asset exchanges to register with the agency. The securities laws surrounding cryptocurrencies have been unclear in recent months, allowing firms to rely on self-disclosure and making fraudulent exchanges easier to execute.
The news quickly sparked sell-offs in several popular cryptocurrencies, as some investors feared a tightening regulatory environment could inhibit future trading.
Quintenz said the SEC takes action against unregistered ICOs, while the CFTC has authority over spot trading.
"We don't have oversight authority," he said. "That's kind of a hole in the law, a lack of jurisdiction."
He said while the government will likely always participate in regulation in some form, it would "behoove investors" to come together and form some type of independent oversight committee — before Congress makes a decision as to who should regulate spot currencies and how.
"It's good business," Quintenz said.
— CNBC's Thomas Franck contributed to this report.