DC Circuit Court Rules Kalshi’s US Election Bets Legal
This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts…
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Binance and CEO Changpeng Zhao intend to seek dismissal of CFTC complaint
Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC.
The US will find the ‘right outcome’ for crypto, eventually – Coinbase CEO
During an interview with WSJ, Coinbase CEO Brian Armstrong explained that entrepreneurs who departed from the United States will only return when the government finds the "right outcome" for crypto…
CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried
On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer…
Here’s how the CFTC could prevent the next FTX
The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future.
SEC boss worries crypto bill undermines financial protections
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”
Gillibrand and Lummis state that most altcoins are securities
“Most cryptocurrencies go to the SEC [...] Bitcoin and Ether would be certainly commodities, and that's agreed upon,” said the U.S. Senator from New York Kirsten Gillibrand.