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CFTC
CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.
CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.
U.S. House of Representatives Bracing for $1T Infrastructure Bill Vote
CoinDesk’s Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest on the $1 trillion bipartisan infrastructure bill and its potential impact on crypto. Plus, his views on Kraken’s $1.25 million settlement with the CFTC, which accused the crypto exchange of offering margin lending products without the proper licensing.
CFTC Files Charges Against 14 Crypto Companies
Two of the companies were accused of “making false and misleading claims” of being registered with the CFTC.
Kraken to Pay $1.25M Fine After Settling Charges With CFTC
Crypto exchange Kraken will pay $1.25 million to settle charges with the Commodity Futures Trading Commission (CFTC). It offered illegal margined digital asset transaction services and did not register as a futures commodity merchant (FCM) with the regulatory agency.
CFTC’s Berkovitz to Become Top Lawyer at SEC
He will join former colleague Gary Gensler as the SEC’s general counsel in November.
Kraken to Pay $1.25M Fine After Settling Charges With CFTC
The CFTC alleged the exchange offered illegal margined crypto products without registering with the agency.
Coinbase to Propose Crypto Regulations to US Officials: Sources
Coinbase is said to be working on a pitch to federal regulators on how to oversee the crypto industry.
Witness the Rise of the Crypto Nominee
Nominees for federal office are increasingly coming with crypto knowledge.