Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.
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Category: Regulation News
House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
Investment managers eye ‘extraordinary upside’ from BTC options debut
They could potentially spark an “explosively recursive” price upside for Bitcoin, according to one investment manager.
Hong Kong’s e-HKD project expands into tokenization, programmability
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.
Digital Asset, DTCC complete collateral tokenization pilot
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset.
Bankroll Network DeFi hacked, $50M phisher moves crypto on CoW: Crypto-Sec
Bankroll Network is reportedly drained of $230,000 through a loan exploit, while a phishing scammer used CoW protocol for laundering.
China still controls 55% of Bitcoin hashrate despite crypto ban
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst.
AI bills have ‘positive intent’ but potentially ‘burdensome’ outcome: Lawyer
Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers.