Crypto Advocacy Group Calls Action on Market Structure Bill ‘critical‘
[ad_1] More than 120 entities affiliated with the cryptocurrency and blockchain industry are urging US lawmakers to stop stalling on the advancement of a digital asset market structure bill. In a Thursday letter to leaders in the US Senate Banking Committee, the Crypto Council for Innovation (CCI) and Blockchain Association said that the body should […]
DOJ and CFTC Seek Halt to Arizona Action Against Kalshi
[ad_1] The US Department of Justice (DOJ) and Commodities and Futures Trading Commission (CFTC) asked a federal court to block Arizona from enforcing state gambling law against Kalshi’s event contracts, arguing that they fall under the CFTC’s exclusive authority over swaps markets. The Wednesday filing argues that event contracts listed on federally regulated platforms such […]
Binance CEO Hints at Legal Action over Report on Iranian Sanctions
[ad_1] Binance CEO Richard Teng took to social media on Tuesday to attack what he called “inaccurate reporting” by the Wall Street Journal regarding investigators at the crypto exchange uncovering $1.7 billion in digital assets moving to Iranian entities. In a Tuesday X post, Teng said the report, published on Monday, contained “defamatory claims,” including […]
SEC Dismisses Civil Action Against Gemini in Crypto Lending Case
[ad_1] The U.S. Securities and Exchange Commission has dismissed its civil enforcement action against Gemini Trust Company, LLC, with prejudice. The dismissal follows a joint stipulation filed today, ending the case tied to the Gemini Earn program. The decision comes after Gemini achieved a 100% in-kind return of crypto assets to Earn investors. It also […]
Ethereum Treasury Has Seen Sharp Demand, But ETH’s Price Action Shows Weak Follow-Through
[ad_1] Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Ad Disclosure Volatility noticed round Ethereum is intensifying as the worth faces a possible downward retest of the important thing $3,500 mark. ETH’s draw back pattern is happening amid a number of bullish developments, reminiscent of huge accumulation by treasury corporations, elevating […]