CFTC mulling probe of Crypto.com over Super Bowl contracts: Report
The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports.
The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports.
According to Ripple’s chief legal officer, the SEC will continue with its appeal of a judgment in the civil case despite Chair Gary Gensler stepping down in six days.
The SEC chair is set to leave office in six days, the same day Donald Trump is scheduled to be inaugurated as president in Washington, DC.
With less than a week until he leaves office, the US president could have signed one of the last executive orders of the more than 150 implemented during his term.
The New York regulator’s Transatlantic Regulatory Exchange program would allow the NYDFS to exchange senior staff experienced in digital assets with those at the Bank of England.
A panel of judges said it would not force the SEC to implement rulemaking on crypto, but one referred to the commission’s “fogginess” as potentially harming digital asset firms.
Strong regulation of decentralized physical infrastructure networks is needed.
Donald Trump’s inauguration is just a week away, but key crypto legislation may take a little longer to come into effect, cautioned NYDIG.
The incoming US president will have the authority to enact many policies favorable to crypto users after taking office next week.
Victims in New York were promised “well-paying, flexible jobs,” only to be tricked into a crypto scam, according to New York Attorney General Letitia James.