Trump admin pulls Brian Quintenz as CFTC nominee: Report

Trump admin pulls Brian Quintenz as CFTC nominee: Report

The White House has withdrawn its nomination for Brian Quintenz to chair the US commodities regulator. Update (Oct. 1, 12:10 am UTC): This article has been updated to add a comment from Brian Quintenz and further information. The Trump White House has withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission. “Being nominated…

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Who’s in the running to become the next CFTC chair?

Who’s in the running to become the next CFTC chair?

The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency. Almost a year into the second term of US President Donald Trump, the Commodity Futures Trading Commission (CFTC) still doesn’t have a permanent head. Former CFTC Commissioner Brian Quintenz was Trump’s top…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the US Commodity Futures Trading Commission opened a pathway for offshore exchanges to legally serve American clients. Kanye West’s YZY token collapsed over 80% after…

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Kalshi taps influencer to head crypto arm

Kalshi taps influencer to head crypto arm

The self-described university dropout came to the attention of Kalshi’s executives due to his social media activity. Prediction market platform Kalshi has hired digital assets influencer John Wang as its head of crypto in a move the CEO called “betting on slope.” In a Monday notice, Kalshi CEO Tarek Mansour said the company had hired…

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EminiFX founder to pay 8M in Ponzi scheme ruling

EminiFX founder to pay $228M in Ponzi scheme ruling

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi…

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