US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC
Virginia’s Democratic consultant Don Beyer has ushered in a recent invoice mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges,...
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...
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...
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
A latest ruling by a U.S. decide declared that Tornado Cash holds the authorized standing of a “individual.” This improvement got here on the heels...
Binance, CZ to Seek Dismissal of CFTC Complaint
Crypto change Binance and its founder and CEO Changpeng Zhao (CZ) plan to hunt the dismissal of a lawsuit filed by the U.S. Commodity Futures...
Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens
Stuart Alderoty, CLO of Ripple, a cryptocurrency and funds providers firm, railed in opposition to the statements of U.S. Securities and Exchange Commission (SEC) Chair...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
Just earlier than the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange...
Binance CEO Changpeng Zhao Reveals His Secret for Building ‘Tight Teams’: External Pressure
Changpeng Zhao, CEO of Binance, the most important cryptocurrency trade in quantity traded, has revealed his secret for constructing a complete staff of workers for...