DEFI

The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency.The defendants are Cash FX and its CEO Huascar Jose Lopez Castillo of…
Read More...

SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2.Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto…
Read More...

The Federal Reserve has proposed capital, redemption and other regulatory requirements for stablecoin issuers under its supervision as it moves to implement the GENIUS Act.The GENIUS Act already requires stablecoin issuers to maintain…
Read More...

The Trump administration is reportedly considering an initiative to promote the use of dollar-backed stablecoins overseas as part of an effort to reinforce the US dollar’s position as the world’s reserve currency. Citing people familiar…
Read More...

The top US derivatives regulator has warned that prediction market contracts tied to what a person says or does carry a heightened risk of manipulation, putting exchanges on notice as the industry faces increasing scrutiny over market…
Read More...

The investigation is reportedly examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe. Source link
Read More...

CLARITY vote fails, long live CLARITYAfter a year’s buildup, the US Senate failed to pass a cloture motion on the Digital Asset Market Clarity (CLARITY) Act.The motion received just 49 votes in favor and 50 against, well short of the 60…
Read More...

 Anthropic said it has chosen Accenture as its first embedded evaluator to help slow the pace of AI development as proposed last week by CEO Dario Amodei.Amodei published a three-step proposal on Sept. 12 to slow the development of AI and…
Read More...

The US Commodity Futures Trading Commission has submitted a new regulatory action covering crypto asset transactions and markets for White House review, as the agency moves forward with its approach to overseeing the digital asset…
Read More...

US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz.The US Department of the Treasury’s Office of Foreign Assets Control…
Read More...