Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain. Go to Source
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Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain. Go to Source
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. Go to Source
The new trading capability comes simultaneously with a surge in interest in crypto financial products in the United States. Go to Source
The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. Go to Source
The new CFTC proposal enhances rules for FCMs and DCOs, mandating high liquidity in customer fund investments. Go to Source
Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsuit. Go to Source
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. Go to Source
Following the lending firm’s bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations Go to Source
CFTC chair Rostin Behnam told an audience at the Financial Industry Association Expo about the agency’s activity in the crypto space and its need for modern legislation. Go to Source
The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occuring off-chain. Go to Source