Brian Armstrong’s ‘Make Coinbase Great Again’ campaign falling flat
Coinbase is trying to rally support for reducing regulatory oversight of its operations, even as U.S. regulators warn that additional oversight is in the mail.
Latest Commodity Futures Trading Commission News
CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi
In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to the markets as he pledged heightened crackdown.
South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over $1.7 billion.
DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings
The CFTC charged three DeFi protocols for illegally offering leveraged retail commodity transactions, with the regulator claiming using smart contracts doesn't exempt them from the law.
Binance tempts fate by helping Russia dodge economic sanctions
Binance remains a key conduit for Russian entities looking to convert rubles into digital assets that can then be exchanged for mainstream fiat currencies, according to a Wall Street Journal report.
CFTC lodges complaint against 4 individuals for defrauding investors
CFTC has filed a complaint against four individuals for defrauding investors by falsely claiming to possess a proprietary trading tool for digital currencies.
Bills paving way for digital currency, blockchain legislative clarity pass US Congress committee
The U.S. bipartisan bills would give the Commodity Futures Trading Commission power over digital commodities and clarify the Securities and Exchange Commission's jurisdiction.
CFTC charges Tennessee couple over $6M ‘Blessings of God Thru Crypto’ scam
The couple is accused of luring 100 investors to place their money in a commodity pool to trade digital assets, but it was just another Ponzi scheme, according to the regulator.
Binance seeks dismissal of CFTC suit, preps Japanese noncompliance
Binance has until July 27 to file its response to the CFTC suit, but the exchange is asking the court for permission to exceed the 15-page limit for such responses.
New digital asset bill establishes registration pathways for SEC, CFTC
The bill forms a regulatory pathway for digital asset exchanges to register with the SEC and provides a separate path for digital commodity exchanges, brokers, and dealers to register with the CFTC.
Digital asset regulation is incomplete, CFTC commissioner says
Commissioner Kristin Johnson praises the CFTC's efforts to regulate the digital asset sector but stopped short by saying that current enforcement actions are still incomplete.
Former Celsius CEO Alex Mashinsky arrested and charged with fraud
Former Celsius CEO Alex Mashinsky and former CRO Roni Cohen-Pavon face charges of conspiracy, securities fraud, market manipulation, and wire fraud for manipulating the price of CEL.