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BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US

BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US

BitMEX has reached a settlement with the CFTC and FinCEN on charges bordering on illegal exchange operation.

Binance Expects Fines in U.S. Investigations

Binance Expects Fines in U.S. Investigations

Binance intends to pay U.S. authorities for past compliance inquiries and crimes.

Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown

Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown

The CFTC and FTC have levelled fraud charges against former Voyager Digital CEO Stephen Ehrlich, spotlighting the case as a notable instance of regulatory enforcement within the digital asset sector. The charges underscore the market's inherent risks and the imperative for robust regulatory compliance to ensure investor protection.

India's Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store

India's Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store

India's FIU removes apps of major crypto exchanges, including Binance and Kraken, from the App Store, enforcing compliance with anti-money laundering laws amid new crypto tax policies.

CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain

CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain

The CFTC has scheduled a virtual meeting for Thursday, July 16th where its Technical Advisory Committee will discuss matters around on cryptocurrencies and DLT.

CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto

CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto

Crypto regulation is inevitable. That is the message coming from both CFTC and SEC. But this has led to a political conflict between the top U.S. financial regulatory agencies.

CFTC Receives DeFi Crash Course

CFTC Receives DeFi Crash Course

Crypto executives provided a DeFi crash course to the CFTC during their first Technology Advisory Committee meeting. Topics included blockchain technology, decentralization, digital identity, and exploits and vulnerabilities.

Former CFTC Commissioner Joins FTX.US Board

Former CFTC Commissioner Joins FTX.US Board

FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors

Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance

Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance

Cyprus is tightening its cryptocurrency regulations by introducing hefty penalties for non-compliance. The government aims to align with international AML/CFT standards and has submitted a legislative amendment for review. All crypto service providers must register with CySEC, facing fines or imprisonment for non-compliance.

Trading firms identified as Binance VIP clients in CFTC lawsuit

Trading firms identified as Binance VIP clients in CFTC lawsuit

Three trading firms, Jane Street Group, Tower Research Capital, and Radix Trading have been identified as Binance's VIP clients in the CFTC lawsuit. The firms allegedly received preferential treatment from Binance, including lower transaction fees and faster trading services, while providing liquidity to the exchange.

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.

Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading

Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading

Peter Kambolin, former CEO of Systematic Alpha Management LLC, was sentenced for a fraudulent "cherry-picking" scheme in cryptocurrency futures, underscoring the need for stringent regulatory oversight in crypto trading.

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