South Korea Police Crypto Custody Bid Draws Fire for Favoring Large Exchanges
The National Police Agency of South Korea has launched its fourth attempt to secure a custodian for managing seized virtual…
Category: Legal
Michael Selig Is Reshaping U.S. Crypto Policy as Sole CFTC Commissioner
Michael Selig has been the CFTC chairman for less than six months. In that time, he has approved the first…
SEC plan to scrap ‘Rule 611’ a boon for tokenized US stocks: Galaxy
The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major…
Federated Hermes launches money market fund for GENIUS Act stablecoin reserves
Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be…
FTX Founder Sam Bankman-Fried’s Appeal in Fraud Case Rejected
A significant development has occurred in the case of Sam Bankman-Fried, the founder of the FTX exchange, which is closely…
Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps
Latest developments: Kalshi’s launch of CFTC-regulated crypto perpetuals has reignited a long-running debate over financial market definitions. John Lothian and…
Tennessee Man Indicted for Alleged Crypto Ponzi Scheme That Stole Millions From Investors
In brief A Tennessee man was indicted on 11 federal counts for running an alleged crypto Ponzi scheme through his…
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state from…
Ripple’s Garlinghouse Fires Back After Jamie Dimon Targets Coinbase and CLARITY ACT
Ripple CEO Brad Garlinghouse has criticized JPMorgan Chase CEO Jamie Dimon over his recent remarks attacking the CLARITY ACT. He…
CLARITY Act Gets New Push as Senator Ties Crypto Rules to US Dollar Power
Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength.…