The Commodity Futures Trading Commission (CFTC) classifies Ethereum (ETH) and Litecoin (LTC) as commodities in the KuCoin case. This classification comes amidst legal challenges for KuCoin, with implications for the…
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Binance has temporarily suspended all new users based in the UK from accessing the platform following the termination of its partnership with Rebuildingsociety.com. The Financial Conduct Authority recently restricted the…
GOP presidential candidate and current mayor of Miami, Francis Suarez, said Bitcoin (BTC) will be part of his salary if elected next year. The Bitcoin and digital asset topic has…
Tether reported that its consolidated total assets including precious metals, Bitcoin, and investments outpaced its liabilities by the end of 2023 Q2. The company increased its excess reserves by $850…
Binance and its CEO, Changpeng Zhao, are planning to file a motion to dismiss the lawsuit brought by the U.S. Commodity Futures Trading Commission (CFTC). The CFTC had alleged that…
Ethereum co-founder speaks on the commodity status of Ethereum as both SEC and CFTC make jurisdictional claims over the asset. It is reported that the Lummis-Gillibrand Act would define assets…
CFTC slaps heavy charges on ex-Deutsche Bank executive for misleading investors into investing in his digital assets trading fund. As per CFTC, the person defrauded investors to the tune of…
Binance CEO Changpeng Zhao has responded to CFTC charges of market manipulation. According to him, they do not agree with the characterization of many of the issues alleged in the…
Binance continuous support for TUSD triggers concerns within the crypto community. Binance has also been sued by the CFTC for violating regulations. Binance recently announced that it is adding more…
The CFTC and SEC claim over digital assets continue as chair Rostin Behnam claims Ether is a commodity. This cements his wavering opinion on the commodity status of some digital…
The commission’s decision to include crypto market players in its market advisory committee proves that the US regulators recognize the relevance of crypto and blockchain to the future of the…
CFTC chair Rostin Benham retracts to previous statements, saying Ether is a security. The CFTC has been lobbying for more oversight of the crypto market. Rostin Benham, the chairman of…
CFTC chair Rostin Behnam shares his views on whether Ethereum is a security, but SEC chief Gensler disagrees. Ripple enthusiast claims that the SEC hasn’t raised a strong argument against…
According to CFTC Chairman Rostin Behnam, the provision of a regulatory framework would make way for incumbent institutions to experience institutional inflows. Recently, the leaders of the Senate Agriculture Committee…
A staffer from U.S. Senator Cynthia Lummis’ (R-Wy) office has stated that every crypto exchange in the US including the largest in the world, Binance, is being investigated. An undisclosed…
Four members of the Senate Agricultural Committee proposed a bill as part of the need to regulate the crypto industry in the US. Just as the previous bill, this does…
CFTC is building its technology team which will replace the existing fintech team dubbed LabCFTC. CFTC Commissioner Caroline D. Pham hinted at having cautious optimism while maintaining the balance between…
According to the US Treasury, certain aspects of the US crypto framework suit the global crypto market. The US wants to influence global regulation of digital assets. On Thursday, the…
Hoskinson thinks that regulators should leave compliance to software developers in the industry. The Cardano founder joins other industry leaders in seeking greater clarity regarding crypto regulation. On Thursday, the…
CFTC accuses Gemini of sharing wrong information about a BTC futures product. Gemini won’t mind proving its innocence on the matter in court. A US regulator has accused Gemini exchange…