CFTC - Tag Archives - Cryptonews (Page 3)

Breaking: Jump Crypto President Kanav Kariya Stepping Down Amid CFTC Probe

Jump Crypto President Kanav Kariya announced in a June 24 X post that he is stepping down from his position at the Chicago-based company. News of his resignation comes just days after a Fortune report unveiled that the Commodity Futures Trading Commission (CFTC) has launched a probe into the trading firm.

, by Julia Smith

Breaking: CFTC Launches Investigation into Jump Crypto’s Trading Practices

Jump Trading, a major player in both traditional and cryptocurrency markets, has been scrutinized by the CFTC amid regulatory tightening in the crypto space.Known for its sophisticated algorithmic trading and market-making capabilities, Jump Crypto, the firm's crypto division, has provided...

, by Hassan Shittu

Sen. Durbin Questions CFTC’s Crypto Regulatory Capacity Post-FIT21

During a Senate Appropriations subcommittee hearing held on June 13, Senator Dick Durbin, D-Ill., questioned CFTC Chair Rostin Behnam and SEC Chair Gary Gensler on the CFTC's ability to regulate the crypto sector effectively. The hearing also addressed broader concerns about the adequacy of current...

, by Hassan Shittu

US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support

The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry. Its objective is to establish a fresh legal structure for digital currencies. This is despite an...

, by Shalini Nagarajan

Democratic House Leadership Will Not Whip FIT21 Despite Strong Opposition: Politico

Reps. Maxine Waters and David Scott will not whip party members against Wednesday's FIT21 vote. Here's why the crypto regulation matters.

, by Julia Smith

Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors

Paxos has appointed Christopher Giancarlo, the former Chairman of the United States CFTC, to its board of directors.

, by Hassan Shittu

CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams

The Commodity Futures Trading Commission (CFTC) is warning against "money mule" scams targeting remote job seekers. On Monday, the regulator said people seeking work-from-home opportunities should be on the lookout for these deceptive schemes. According to Melanie Devoe, director at the Office...

, by Shalini Nagarajan

Falcon Labs Settles with CFTC in Landmark Case Over Unregistered Status

The Commodity Futures Trading Commission (CFTC) has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration. CFTC Settlement Terms and...

, by Hassan Shittu

Billionaire Mark Cuban Endorses CFTC Regulation for All Cryptocurrencies

"Shark Tank" investor Mark Cuban advocated for the Commodities and Futures Trading Commission (CFTC) to oversee all cryptocurrencies. He was responding to Republican presidential candidate Donald Trump's crypto endorsement on social media, urging the US to stop hindering its development. "If Joe...

, by Shalini Nagarajan

White House Plans to Nominate CFTC Commissioner Johnson for Treasury Position

The CFTC commissioner is reportedly set to become the new US Treasury Department Assistant Secretary for Financial Institutions.

, by Jimmy Aki

CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms

The Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases. Expect to see “another cycle of enforcement...

, by Tanzeel Akhtar

KuCoin Market Share Plunges By 50% Amid Legal Tussle With US Authorities

KuCoin's market share has recorded a significant decline, falling from about 6.5% to less than 3% due to massive outflows of funds. This is according to a Kaiko data report on April 2. The market share decline follows a back-to-back lawsuit filed against the US Department of Justice (DOJ) and...

, by Jimmy Aki

CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action

CFTC Commissioner Caroline D. Pham criticized the agency following its KuCoin Charges earlier this week - but what did she have to say?

, by Julia Smith

KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US

Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws. The US Department of Justice revealed in its indictment that the...

, by Jai Pratap

KuCoin Crypto Exchange and Founders Charged by DOJ for $9B Laundering, Anti-Money Laundering Violations

The crypto exchange KuCoin and two of its founders were just charged by US authorities for operating as an illegal exchange in the USA and failing to implement anti-money laundering protocols. The Department of Justice (DoJ) charged the exchange and founders Chun Gan and Ke Tang with violating...

, by Michael Davis

Behnam Reiterates Call for Congressional Action on Crypto Regulation During House Committee Hearing

Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has reiterated his call for Congress to pass legislation clarifying crypto regulation. The call for congressional action was presented during Wednesday's hearing before the House Agriculture Committee. Crypto Regulation is Lagging...

, by Jimmy Aki

# CFTC (Page 3)

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