Push for New Crypto Rules Will Stop FTX-Style Repeat, CFTC's Selig Says
CFTC Chair Mike Selig said new rules will prevent another FTX-style collapse as the agency seeks comments on a new crypto exchange registration category.
CFTC Chair Mike Selig said new rules will prevent another FTX-style collapse as the agency seeks comments on a new crypto exchange registration category.
Bitcoin fell after more than $400 million in leveraged long positions were liquidated within an hour. No clear catalyst for the move.
Kristin Smith asserts crypto industry is gaining in Washington despite Clarity Act failure, as agency rules may prove durable.
The CFTC has proposed rules to let U.S. crypto exchanges opt into federal regulation, while the Clarity Act remains stalled.
The CFTC warned exchanges that mention contracts on words spoken by an individual are presumptively manipulable, citing a case of a former White House staffer…
New York sued Polymarket, alleging it runs an unlicensed gambling operation and targets underage users.
New York AG Letitia James sued Polymarket on Thursday, accusing it of running an illegal gambling operation and seeking restitution and penalties.
CFTC Chair Selig says the regulator is preparing for round-the-clock on-chain markets despite the Clarity Act being blocked by lawmakers.
Kalshi faces claims of inflated crypto volume after $5,500 trades dominated its ether perp market, which it dismisses as confusion between products.
The CFTC sent a proposal to regulate crypto transactions after the Clarity Act failed to pass the Senate.
Senator Lummis stated the revised Clarity Act contains over 100 Democrat-requested changes, urging passage. Key modifications appear in sections on DeFi,…
An updated draft of the crypto Clarity Act adds DeFi and credit union rules ahead of a September 15 Senate vote.
The White House has screened candidates for all four vacant CFTC seats, but crypto's desired outcome is not guaranteed.
Hyperliquid Labs is in advanced talks to use Kraken's Bitnomial for US entry, but US traders get limited access and HYPE holders face uncertainty.
A White House staffer was fined $65,000 and banned three years for betting on Trump's speech. Kalshi flagged his account.