FTX and CFTC Settle: 12.7 Billion Dollar Giant Settlement on the Way – Here are the Details

FTX and CFTC Settle: 12.7 Billion Dollar Giant Settlement on the Way – Here are the Details   en.bitcoinsistemi.com 16 July 2024 20:29, UTC Failed cryptocurrency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement and are awaiting approval of the deal by a judge in Delaware….

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Chinese businessman linked to Steve Bannon found guilty of running billion-dollar crypto scam

Chinese businessman linked to Steve Bannon found guilty of running billion-dollar crypto scam   cryptobriefing.com  + 1 more 17 July 2024 09:55, UTC Guo Wengui, a Chinese businessman linked to Steve Bannon, was found guilty on nine of 12 criminal counts for charges including fraud, racketeering, and money laundering. In a statement published today, July…

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The UK Faces Potential "Crypto Catastrophe" Due to Staff Shortages at FCA

The UK Faces Potential "Crypto Catastrophe" Due to Staff Shortages at FCA   financemagnates.com 17 July 2024 13:50, UTC The Financial Conduct Authority (FCA) has significantly expanded its cryptocurrency workforce to over 100 staff members, yet its policy team remains understaffed, according to data obtained by blockchain finance provider Quant through a Freedom of Information…

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Staking and in-kind redemptions for crypto ETFs can be reconsidered says SEC Commissioner

Staking and in-kind redemptions for crypto ETFs can be reconsidered says SEC Commissioner   cryptoslate.com 17 July 2024 15:57, UTC SEC Commissioner Hester Peirce’s recent comments to Coinage Media have reignited discussions about the potential inclusion of staking and in-kind creation/redemption features in crypto ETFs. Peirce emphasized that these elements, which were excluded from initial…

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