CFTC - Tag Archives - Cryptonews (Page 7)

Crypto Self-Regulatory Organization Plan Floated in US House Hearing

US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge.Rep. Stephen Lynch, D-Mass., asked former CFTC Chair Timothy Massad what measures would be...

, by Sarah Wynn

Largest Bitcoin Fraud Scheme Results in $3.4 Billion Penalty in a Case Brought by CFTC

A judge has ordered a record-breaking $3.4 billion penalty in a fraud case involving Bitcoin brought by the US Commodity Futures Trading Commission.In a Thursday press release, the CFTC revealed that Cornelius Johannes Steynberg, a South African national and CEO of Mirror Trading International...

, by Ruholamin Haqshanas

Binance Loses 16% of Market Share After End of Zero Fees on BTC Pairs and Rising Regulation Troubles

Binance has lost a big share of its total trading volumes since ending its zero fees on Bitcoin pairs and in wake of the US Commodity Futures and Trading Commission (CFTC)’s lawsuit against the firm.That’s according to the latest blog post by crypto analytics firm Kaiko, which says that...

, by Michael Davis

Today in Crypto: FTX EU Enables Withdrawal Requests, Ex-Binance.US CEO Lawyers Up, Cardano to Enable Access to EVM Contracts from Any ADA Wallet

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Exchange news The European arm of FTX, FTX EU, launched a website to allow European customers to submit withdrawal requests. The...

, by Sead Fadilpašić

Binance Crypto Exchange Accused of Allowing U.S. Firms to Circumvent Derivatives Trading Ban – What’s Going On?

Binance has been accused by the Commodity Futures Trading Commission (CFTC) of allowing trading firms based in the US to trade crypto derivatives on Binance’s international exchange.Allowing US-registered firms access to the derivatives platform constitutes an obvious circumvention of...

, by Fredrik Vold

Binance Sees $2.2 Billion Outflows Following CFTC Lawsuit – Should the Crypto Industry be Worried?

The major crypto exchange Binance has seen a whopping $2.2 billion in outflows after news broke that it has been sued in the US by the Commodity Futures Trading Commission (CFTC).The lawsuit, which alleged that Binance offers “unregistered securities” to retail users in the US, was...

, by Fredrik Vold

As the CFTC and SEC Crackdown on Crypto, Some Experts Believe the Regulatory Teardown Has Just Started – Here’s Why

The US crypto industry could be in for a tough time ahead, as regulators continue their crackdown on some of the biggest companies in the space, experts have warned.The ongoing crypto crackdown, sometimes referred to as Operation Choke Point 2.0, is already on top of every industry leader’s...

, by Fredrik Vold

Breaking: Binance Sued By CFTC Over Offering Unregistered Crypto Derivative Trading Products in US

Major US financial market regulatory agency the Commodity Futures Trading Commission (CFTC) is suing Binance and its founder Changpeng Zhao.That’s according to a lawsuit filed by the CFTC on Monday accusing Binance and its founder of knowingly offering unregistered crypto derivative products...

, by Michael Davis

CFTC Chair: Agency Well-Positioned to Regulate Crypto

The Commodity Future Trading Commission is "well positioned" to address regulatory gaps in the crypto market, according to CFTC Chair Rostin Behnam. In prepared remarks for a February 3 American Bar Association event, Behnam said his stance toward cryptocurrencies has not changed. He...

, by Ruholamin Haqshanas

CFTC Commissioner Comes Out Strongly Against Self Certification of Product Listings by Exchanges

Christy Goldsmith Romero, a top official with the US Commodity Futures Trading Commission (CFTC), is warning lawmakers against allowing cryptoasset exchanges to self-certify with the regulator to list trading products.Goldsmith Romero suggested that this is a dangerous process, as it would enable...

, by Sead Fadilpašić

Today in Crypto: Expelled Chinese Communist Party Official Shamed on TV for Supporting Crypto Mining, Nigeria Considering a Regulatory Framework for Stablecoin Implementation

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Legal news Xiao Yi, a former top provincial official in China’s Jiangxi province, who was fired in 2021 for abusing his...

, by Sead Fadilpašić

Today in Crypto: Binance Introduces ‘Pay’, Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams…)

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Exchange news Binance.US introduced a new feature called Pay, which allows users to send, request, and receive crypto with...

, by Sead Fadilpašić

CFTC Chair Walks Back on Previous Statements Regarding Ethereum, Says Only Bitcoin is Commodity – Regulation Hammer Coming Down?

Only bitcoin (BTC) should be considered a commodity for regulatory purposes, and not ethereum (ETH), Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), said in a recent speech.The view that BTC is the only cryptocurrency that can be considered a commodity is of major...

, by Fredrik Vold

Most of FTX Legal Team Depart as Exchange Collapses

An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit.According to Semafor, citing people familiar with the matter,“Most of FTX’s legal and compliance...

, by Sead Fadilpašić

Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network’s P2P Market to Enable Toncoin Trade on Telegram + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Banking newsMastercard will on Tuesday debut a new piece of software, called Crypto Secure, which helps banks identify...

, by Sead Fadilpašić

U.S. CFTC Shakes Crypto Industry After Action Against DAO – Who’s Next?

The U.S. Commodity Futures Trading Commission (CFTC) has rattled the crypto community with an enforcement action it brought against Ooki DAO, leaving market participants fuming and unsure of which protocol could be targeted next by regulators. In the September 22 press release, the CFTC...

, by Ruholamin Haqshanas

# CFTC (Page 7)

Cryptonews in numbers