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Regulations
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application
The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.
FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings
The new rules by the U.S. accounting standards setter would go into effect in December 2024.
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.
Turkey’s Banking Giants Go Big on Crypto as Legislation Looms
This week, two of the country’s largest banks announced crypto initiatives.
Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.
SEC Hasn't Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit
Binance responded to an SEC filing, arguing that the regulator's arguments weren't applicable to the actual conduct it was analyzing.
Binance P2P Trading Platform Halts Ruble Support Following Russia Exit
Customers are free to withdraw or transfer funds and continue trading via Binance Russia's new owner CommEX, the company said Monday.
Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity
Q protocol allows developers to build organizational constitutions that are enforced by smart contracts and include off-chain avenues for resolving disputes the code can't deal with.
FTX Disputes IRS's 'Alice in Wonderland' Tax Claim
The U.S. government's claim for $24 billion in unpaid taxes by FTX has only one source – taking recoveries away from its victims, FTX said in a court filing.
FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.
