Key Takeaways U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger emphasized the need for standardized crypto regulations. She was giving a speech at the North American Blockchain Summit on November 21. Mersinger pointed to recent enforcement efforts, such as…
Key Takeaways Leading crypto exchange Gemini, is urging the U.S. Commodity Futures Trading Commission (CFTC) to reconsider its proposed regulation that would ban all event contracts on decentralized prediction markets. The proposal, which was voted on by the CFTC in…
Key Takeaways: Collapsed cryptocurrency giant FTX has reached a significant settlement with the Commodity Futures Trading Commission (CFTC), agreeing to pay $12.7 billion to resolve a high-profile lawsuit. The deal marks a pivotal moment in the ongoing saga of FTX’s…
Key Takeaways This week, a notable rift unfolded within the realm of cryptocurrency regulation, triggered by CFTC Commissioner Caroline Pham’s expression of apprehension over the agency’s recent actions against KuCoin, a leading cryptocurrency exchange. Pham’s remarks raised significant concerns regarding…
Key Takeaways The Commodity Futures Trading Commission (CFTC) has launched legal proceedings against crypto platform Debiex, exposing a sophisticated romance fraud scheme that led to the misappropriation of $2.3 million, predominantly from Asian American victims. The CFTC’s statement on Friday…
Key takeaways: The US Commodity Futures Trading Commission (CFTC) has taken regulatory action against three major decentralized finance (DeFi) protocols: Opyn, 0x, and Deridex. CFTC imposed substantial fines, with Opyn facing a $250,000 penalty, 0x receiving a $200,000 fine, and…
Key takeaways: In a recent development that has sent shockwaves through the financial industry, the Commodity Futures Trading Commission (CFTC) has charged FundsZ with allegations of fraudulent cryptocurrency activities and deceptive solicitation related to precious metals. A group consisting of…
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