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Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

June 10, 2023 by DIGIT

The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.” Go to Source Powered by WPeMatico

Categories bZeroX, CFTC, Ooki DAO

House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it

June 6, 2023 by DIGIT

The full Agriculture Committee heard testimony from CFTC chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer. Go to Source Powered by WPeMatico

Categories Bitcoin Regulation, CFTC, Commodities Investment, Cryptocurrencies, SEC

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

June 2, 2023 by DIGIT

The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto. Go to Source Powered by WPeMatico

Categories CFTC, Government, Regulation, SEC, United States

CFTC commissioner says proposal to reassess risk management could consider crypto

June 2, 2023 by DIGIT

Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management. Go to Source Powered by WPeMatico

Categories CFTC, cryptocurrency investments, derivatives, Regulation, United States

US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas

May 30, 2023 by DIGIT

The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part. Go to Source Powered by WPeMatico

Categories CFTC, derivatives, futures, SEC

Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’

May 23, 2023 by DIGIT

A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank. Go to Source Powered by WPeMatico

Categories Binance, Binance USD, CFTC, Cryptocurrencies, Paxos

Binance.US seeking to cut Changpeng Zhao’s majority stake: Report

May 12, 2023 by DIGIT

Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Go to Source Powered by WPeMatico

Categories Binance, Binance.US, CFTC, Changpeng Zhao, CZ, Regulations, SEC

US lawmakers hold EU and UK as examples of crypto regulation in joint hearing

May 10, 2023 by DIGIT

With the European Union coming closer to passing the Markets in Crypto Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice. Go to Source Powered by WPeMatico

Categories CFTC, Law, Regulation, SEC, United States

CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case

April 28, 2023 by DIGIT

The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary penalty ordered in a CFTC case.” Go to Source Powered by WPeMatico

Categories Bitcoin, CFTC, commodity fraud, Cornelius Steynberg, Mirror Trading

CFTC proposes reducing anonymity to manage risks

April 25, 2023 by DIGIT

CFTC Commissioner urges crypto companies to verify the digital identity of users and says that congress is considering new laws addressing anonymity and digital identity. Go to Source Powered by WPeMatico

Categories CFTC, Cryptocurrencies, Digital Asset, Identity, Privacy
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  • bitcoinBitcoin(BTC)$70,359.007.55%
  • ethereumEthereum(ETH)$2,056.967.69%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$655.714.35%
  • rippleXRP(XRP)$1.4714.60%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.969.40%
  • tronTRON(TRX)$0.2737480.93%
  • dogecoinDogecoin(DOGE)$0.0983378.63%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.25%