Polymarket prediction market faces CFTC probe: report
The Commodity Futures Trading Commission wants to know if Polymarket’s prediction markets allow users to trade swaps or binary options and if it should be registered with the agency.
The Commodity Futures Trading Commission wants to know if Polymarket’s prediction markets allow users to trade swaps or binary options and if it should be registered with the agency.
According to Cambridge Centre for Alternative Finance’s BTC mining map, US overtook China as the country with the majority of the hash power supporting the BTC network.
Five U.S. lawmakers wrote a letter to Zuckerberg urging him to discontinue the Novi and Diem ventures, stating that Facebook can’t be trusted to manage a digital currency.
Digital currencies could undermine the impact of sanctions imposed by the United States, a report by the Treasury Department has stated.
The U.S. Commodity Futures Trading Commission has slapped Tether with US$42.5 million in penalties, saying it made "untrue" and "misleading" statements and "omissions of material fact" in its management of the USDT.
The firm revealed in a recent regulatory filing that the Securities and Exchange Commission (SEC) subpoenaed it in July, although it refused to reveal what the probe was about.
The U.S. government is doubling down on its anti-cybercrime efforts, this time meeting with NATO allies and 30 other nations to chart an actionable cause of action.
The letter is framed around questions following the comments of Chairman Jerome Powell, which seek to explore the rationale behind the Fed’s approach to digital assets more broadly.
An IRS Commissioner has made it clear that companies in the cannabis industry that use digital currencies must pay taxes as they are considered commodities.
The 12 have allegedly been offering users the opportunity to purchase binary options based off the value of commodities like digital currencies and forex, according to the regulator.
The CFTC has settled with Kraken after accusing the exchange of offering unqualified investors illegal margined digital currency products without a license.
The Federal Reserve is still weighing the advantages of a CBDC and is in no rush to reach a decision on to rollout the technology, according to Jerome Powell.