CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit in opposition to Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities....
Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”
Coinbase has answered the SEC request for feedback on the proposed rule change to listing the ETH Grayscale Fund as a spot ETF. Coinbase acknowledged...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen relating to crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued...
Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
South Korean cryptocurrency exchanges have efficiently stopped romance scams and voice phishing criminals from siphoning digital property value over $82.6 million up to now yr....
CFTC Files Civil Enforcement Action Against Bogus Crypto Exchange Debiex
The U.S. commodities regulator revealed on Jan. 19 that it had filed a civil enforcement motion in opposition to a bogus digital asset change platform....
Defi Can Strengthen the United States’ Leadership in Tech and Financial Services, CFTC Report Says
Decentralized finance tasks and their respective ecosystems doubtlessly supply each promising alternatives and dangers to the U.S. monetary system, a Commodities Futures Trading Commission (CFTC)...
CFTC Chairman: Many Crypto Tokens Are Considered Commodities Under Existing Laws
The chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has said that many digital property are thought of commodities underneath present regulation. Behnam...
US Regulator CFTC Files Record Number of Crypto Enforcement Actions This Year
The Commodity Futures Trading Commission (CFTC) has revealed that it filed a file variety of crypto enforcement actions this fiscal yr. “In FY 2023, the...
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
Binance has submitted a brand new movement to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) towards it. The main cryptocurrency...
CFTC Sues Former CEO of Crypto Lender Voyager for Fraud
The U.S. Commodity Futures Trading Commission (CFTC) charged the previous CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regulator accused Stephen Ehrlich and...