CFTC Cracks Down on 3 Defi Platforms for Offering Illegal Derivatives
The U.S. Commodity Futures Trading Commission (CFTC) has issued orders towards the operators of three decentralized finance (defi) protocols. The regulator accused them of committing...
CFTC Commissioner Proposes ‘First-Ever’ US Pilot Program for Crypto Regulation
A commissioner with the Commodity Futures Trading Commission (CFTC) has proposed the “first-ever” pilot program within the U.S. “to support the development of compliant digital...
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
A United States Federal Court Judge has ordered the collapsed bitcoin funding platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures...
Indonesia Expands De-Dollarization Efforts With National Task Force Formation
Indonesia’s central financial institution has established a nationwide process drive to broaden using native foreign money with companion international locations. Malaysia, Thailand, Japan, and China...
Palau Finishes Distribution Phase of Stablecoin Pilot, Organizes Feedback Survey
Palau is making ready to shut the distribution section of its stablecoin pilot after having prolonged it for 30 further days to look at further...
FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group
The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from...
IMF and FSB Release ‘Policies for Crypto Assets’ at G20 Request
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have revealed their synthesis paper titled “Policies for Crypto Assets,” which was developed on...
Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters
Tether, the most important stablecoin within the cryptocurrency market, mentioned how its leverage of U.S. treasury payments creates a gradual demand for U.S. nationwide debt...
Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover
Binance has confronted a sequence of unfavorable information reviews in current weeks. However, the cryptocurrency trade’s chief, Changpeng Zhao, often called CZ, used social media...
Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto
Close to half of asset managers presently have digital property underneath administration, in line with a brand new examine. Firms massive and small are implementing...