Commodity Futures Trading Commission

CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
August 12, 2024  |  Regulation

The Commodity Futures Trading Commission (CFTC) said Monday (Aug. 12) that it required Cost Management Solutions (CMS) to pay a $100,000 civil monetary penalty after...

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FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
August 08, 2024  |  Legal

FTX and sister company Alameda Research have agreed to pay their creditors $12.7 billion. The agreement, approved Wednesday (Aug. 7) by U.S. District Judge P. Kevin Castel,...

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Federal Financial Regulatory Agencies Propose Joint Data Standards
Federal Financial Regulatory Agencies Propose Joint Data Standards
August 02, 2024  |  Bank Regulation

Nine federal financial regulatory agencies have proposed or will propose joint data standards that would apply to data submitted to the agencies. As required by...

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White House to Nominate CFTC Commissioner Christy Goldsmith Romero to Head FDIC
White House to Nominate CFTC Commissioner Christy Goldsmith Romero to Head FDIC
June 13, 2024  |  Politics

President Joe Biden plans to nominate Christy Goldsmith Romero, who is currently a commissioner at the Commodity Futures Trading Commission (CFTC), to become chair and member of...

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Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
May 23, 2024  |  Cryptocurrency

In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for...

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CFTC Charges KuCoin With Violations of Commodity Exchange Act
CFTC Charges KuCoin With Violations of Commodity Exchange Act
March 26, 2024  |  Cryptocurrency

The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against the entities that operate KuCoin, a centralized digital asset exchange. The agency has charged KuCoin...

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Policymakers Chase Central Framework for Decentralized Finance Oversight
Policymakers Chase Central Framework for Decentralized Finance Oversight
February 28, 2024  |  Blockchain / Distributed Ledger

You don’t know what you don’t know. And what you don’t know you can’t leverage or interact with, much less hope to regulate. That is...

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Court Approves CFTC’s Settlement With Binance
Court Approves CFTC’s Settlement With Binance
December 18, 2023  |  Legal

A U.S. district court has approved a previously announced settlement and entered an order against cryptocurrency exchange Binance and its former CEO, Changpeng Zhao. The U.S. District Court...

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CFTC to Propose Strengthening Regulations to Safeguard Customer Funds
CFTC to Propose Strengthening Regulations to Safeguard Customer Funds
November 09, 2023  |  Cryptocurrency

The Commodity Futures Trading Commission (CFTC) is reportedly working on a draft proposal to enhance regulatory defenses and protect client funds. Coming in response to last year’s...

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