CFTC Forms Partnership to Tackle Growing Crypto Scams
The CFTC has announced partnerships with private and federal regulators to inform investors and users about potential scam activities. The Commodity Futures Trading Commission (CFTC) has announced partnerships with federal and private organizations to inform users about prevalent cryptocurrency schemes. In the programs, users will be informed about the increasing prevalence of scams and fraudulent […]
CFTC Move to Block Kalshi’s Election Bets
The CFTC filed for an emergency stay, citing concerns about not having enough time to decide whether to appeal. The United States regulator has submitted an urgent emergency move to stop Kalshi, a U.S. based prediction market company, from offering election betting contracts. The submission came just a few hours after the judge decided to […]
US Regulators Conduct Heavy Investigation On Uniswap
US regulatory bodies are targeting crypto firms, including Uniswap; there is a delay in a decision on an eco Bitcoin ETF. A recent enforcement action in the United States has heightened the scrutiny of decentralized finance (DeFi) protocols, primarily within a regulatory gray zone. Regulators once more targeted the decentralized trading platform Uniswap for allegedly […]
US SEC Legal Officer Warns Of More Crypto Scrutiny In Sept
The legal officer warned other regulators that the US SEC may escalate enforcement actions this month. Jake Chervinsky, the Chief Legal Officer of VariantFund, suggested that the market may experience an increase in US SEC enforcement actions by the end of September. Despite the criticisms of executives, United States regulators persist in their obstructed approach […]
XRP Futures Listings Eyes Major Exchanges, ETF To Launch?
The launch of XRP futures contracts has sparked speculation about the potential launch of an ETF as XRP eyes future listings on major exchanges. A significant development for Ripple’s native coin, XRP, is again in the spotlight as a major exchange announces plans to introduce the XRP futures contracts. The exchange recently informed the Commodity […]