Crypto ‘Godfather’ Gets 78 Months For $37M Meta Fraud Scheme
TL;DR Adam Iza, who called himself “The Godfather,” has been sentenced to 78 months in federal prison. Prosecutors said he stole m...
CFTC Opens Rulemaking Push For Retail Leveraged Crypto Markets
TL;DR The CFTC has opened an advanced rulemaking process around retail commodity transactions involving crypto assets. The agency...
FinCEN Withdraws Crypto Rules Targeting Mixers And Unhosted Wallets
TL;DR FinCEN has withdrawn two proposed digital-asset rules covering unhosted-wallet transactions and convertible virtual currency...
FinCEN Withdraws Proposed Crypto Mixer and Unhosted Wallet Rules
TLDR FinCEN has withdrawn two proposed crypto rules covering mixers and unhosted wallets. The unhosted wallet rule was first propo...
Solana Launches Institutional Settlement Tool With J.P. Morgan Input
TLDR The Solana Foundation launched Solana DvP, an open-source program for institutional trade settlement. J.P. Morgan gave input...
Kraken Parent Payward Partners With Singapore Gulf Bank for 24/7 USD Settlements
TLDR Kraken’s parent company, Payward, announced a partnership with Singapore Gulf Bank on October 5. Institutions in Asia and the...
CFTC Proposes Federal Crypto Trading Rules After CLARITY Act Stalls
TLDR The CFTC published an Advanced Notice of Proposed Rulemaking on October 5 covering leveraged and margined retail crypto trade...
FinCEN Abandons Two Controversial Crypto Regulation Proposals
FinCEN withdraws 2023 crypto mixing rule and 2020 wallet verification proposal, citing burden on privacy-focused users and Trump d...
Leveraged Crypto Markets Face New Oversight as CFTC Moves Without Congressional...
CFTC proposes Regulation CTX and CAM for leveraged crypto trading oversight. Spot markets like Bitcoin remain under state laws as...
U.S. CFTC joins SEC in proposing crypto regulations, though spot-market gap ling...
The derivatives regulator is proposing two rules meant to cover the waterfront of crypto activity and exchanges, as long as it's n...