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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, Coinbase adviser George Osborne warns the UK is falling behind on stablecoins, crypto funds see outflows after 15 weeks of gains, and the US…
Veda protocol has appointed former SEC senior counsel TuongVy Le as general counsel, weeks after securing $18 million in venture capital funding. Decentralized finance platform Veda has appointed a former US Securities and Exchange Commission (SEC) official to its ranks as it ramps up efforts to expand crosschain yield products aimed at institutional investors. TuongVy…
The CFTC said that My Big Coin investors might not get their money back as the alleged operators “may not have sufficient funds or assets.” The alleged operators of My Big Coin have been ordered to pay around $25.8 million in fines to the Commodity Futures Trading Commission for their roles in the crypto scheme….
CFTC acting chair Caroline Pham says the agency won’t ease up on crypto just because the Trump administration has pledged to support the industry. The Trump administration’s more relaxed attitude to crypto doesn’t mean the Commodity Futures Trading Commission will give the industry an easy ride, says the agency’s acting chair, Caroline Pham. “There is…
Roughly four months since his nomination and amid announced departures at the CFTC, Brian Quintenz’s nomination to head the financial regulator is moving forward. Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the…
Goldsmith Romero thinks the CFTC should work on defining a retail customer and implement bans against co-mingling a company’s assets with customer funds. Outgoing US Commodity Futures Trading Commission commissioner Christy Goldsmith Romero says the exodus of the agency’s top brass is “not a great situation” for crypto regulations. The CFTC could be headed by…
Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading. Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC). In a May 23 X post, Hyperliquid Labs announced that it…
Summer Mersinger is expected to leave the commission three years before her term officially ends to lead the Blockchain Association. Summer Mersinger, one of four commissioners currently serving at the US financial regulatory body Commodity Futures Trading Commission (CFTC), will become the next CEO of the digital asset advocacy group the Blockchain Association (BA). In…
The predictions platform suggested that “election markets are here to stay” in a social media post after the Commodity Futures Trading Commission filed its request with the court. The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform…
The futures contracts are regulated by the US CFTC and add to a growing list of crypto derivatives products available for retail and institutional investors. Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures…