Ripple acquires Fortress Trust, expands license portfolio in the US
Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.
Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.
The CFTC has brought or resolved 10 fraud cases involving digital assets or foreign exchange since June 2023, Commissioner Kristin Johnson said.
The commissioner advocated public and stakeholder engagement through rulemaking, not just enforcement.
The Thodex founder fled the country in 2021 only to be detained in Albania in August 2022 and extradited to Turkey in April 2023.
In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering controls.
Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product.
Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the United States federal regulator again after losing the battle in November last year.
The crypto exchange’s focus on non-U.S. markets is part of the next phase in its expansion plans.
The commodities regulator handed out fines of $250,000, $200,000, and $100,000, respectively, to the three firms in addition to cease and desist orders.
Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face.