CFTC votes on allowing DLT-based collateral in commodities and derivatives trading
CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. In a significant development for the digital assets market, the US Commodity Futures Trading Commission (CFTC) is reportedly considering a proposal that would enable the use […]
Binance Secures 20th Global Milestone With Argentina Crypto Registration
Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced […]
SEC enforcement chief Grewal to step down
The end of his tenure, marked by aggressive cryptocurrency enforcement, could signal a change in the agency’s approach to crypto. This post was originally published on this site
Man pleads guilty in UK’s first illegal crypto ATM conviction
Olumide Osunkoya pleaded guilty to FCA charges of illegal offer and use of cryptocurrency automated teller machines (ATMs). The 45-year old Osunkuya will be sentenced at a later date. Olumide Osunkoya has pleaded guilty to several charges involving the illegal operation of cryptocurrency automated teller machines in the UK. Osunkuya, 45, pleaded guilty when he […]
CryptoQuant CEO calls for ‘smart regulation,' community voices doubts
Ju’s push for “smart regulation” in Web3 aims to curb scams, build trust, and ensure responsible growth, sparking community debate.This post was originally published on this site
Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.This post was originally published on this site
SEC Fines Mango DAO for Unregistered MNGO Tokens
The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets Hit With SEC Charges The SEC alleges that since August 2021, Mango […]
SEC settles with Mango Markets over MNGO token sales
SEC announced it settled with Mango Markets over sale of unregistered tokens in $70 million coin offering Mango DAO, Blockworks Foundation have agreed to pay $700,000 in civil penalties. The settlement will also see Mango Markets destroy the MNGO tokens and request exchanges to delist them. The US Securities and Exchange Commission announced on Sept. […]
Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers.This post was originally published on this site
SEC chair Gensler plugs changes to exchange definition that worries crypto
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too.This post was originally published on this site