Cryptocurrency Market

  • Market Cap: $2,381,224,398,063.35
  • 24h Vol: $52,770,214,924.85
  • BTC Dominance: 56.62%

CFTC

lawmaker-introduces-defi-bill-—-calls-decentralized-finance-‘essential-to-future-of-markets’

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience […]

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’ Read More »

new-bill-seeks-collaboration-between-sec-and-cftc-on-digital-assets

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets

A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset regulations. The bill proposes forming a Joint Advisory Committee to unite both agencies and

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cftc-loses-round-one:-kalshi-cleared-to-offer-us-election-bets

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC

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cftc-fines-uniswap-labs-$175,000-for-violating-commodity-exchange-act

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act Read More »

cftc-warns-of-follow-on-frauds-targeting-victims-multiple-times

CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times

The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery

CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times Read More »

federal-agencies-join-forces-to-fight-crypto-scams

Federal Agencies Join Forces to Fight Crypto Scams

Several federal agencies, including the Federal Bureau of Investigation (FBI) and the U.S. Securities and Exchange Commission (SEC), convened at a Fraud Disruption Conference to combat crypto scams, particularly the “pig butchering” fraud that siphons billions from Americans annually. The meeting brought together over 300 officials from 15 federal agencies to strategize against this pervasive

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cftc-wins-case-against-crypto-fund-operators

CFTC Wins Case Against Crypto Fund Operators

The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a

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binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC)

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binance-ceo-cz-responds-to-us-regulator’s-charges

Binance CEO CZ Responds to US Regulator’s Charges

Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), published a blog

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former-ftx-ceo-sam-bankman-fried-faces-new-bribery-charges-for-alleged-crypto-payment-to-chinese-officials

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials Read More »