The U.S. Commodity Futures Trading Commission (CFTC) has announced a default judgment in the case of Mosaic Exchange Ltd. and its owner and CEO, Sean Michael. The CFTC launched an enforcement action alleging the existence of a fraudulent digital asset commodity scheme. The order is based on a lawsuit filed by the CFTC on September 26, 2023, and the default judgment holds Mosaic and Michael responsible for all violations of CFTC regulations alleged in the lawsuit, including fraudulently solicitin...
Ian McGinley, director of enforcement at the US Commodity Futures Trading Commission (CFTC), announced his departure on January 17. He joined the agency in February 2023 and has led enforcement actions against Binance, KuCoin, Falcon Labs and others. In a statement announcing his departure on January 17, Ian McGinley said "making the CFTC the premier enforcement agency for digital asset enforcement" was a top priority of his tenure.
According to official news, QCP has announced that its over-the-counter spot trading arm, QCP Trading, has received approval in principle (IPA) for a Major Payments Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The IPA is an important step towards obtaining a full license, allowing QCP Trading to prepare for the provision of regulated digital payment token spot trading services.
According to regulatory filings with the U.S. Commodity Futures Trading Commission (CFTC), Kalshi launched more prediction markets for political events ahead of the U.S. election, including the Ohio referendum result, the Associated Press (AP) announcement of the results of the last state in the presidential race, and more. Since October 31, Kalshi has registered more than two dozen contracts, most of which are related to the upcoming U.S. election, according to CFTC data. According to the Kalsh...
On October 9th, according to the official announcement, the USDC trading area under the European Easy Spot Trading will add the following USDC trading pairs on October 10, 2024 at 4:30 pm (UTC + 8): HMSTR/USDC.
Shanghai Futures Exchange: From August 28, 2024 (that is, the evening trading on August 27): the transaction fee for the rebar futures RB2501 contract is adjusted to 1/10,000 of the transaction amount, the hedging transaction fee is adjusted to 0.5/10,000 of the transaction amount, the intraday closing transaction fee is adjusted to 1/10,000 of the transaction amount, and the intraday closing hedging transaction fee is adjusted to 0.5/10,000 of the transaction amount.
Coinbase late Thursday criticised the US Commodity Futures Trading Commission over its proposed rulemaking to ban certain event contracts. Earlier this week, cryptocurrency sceptic Senator Elizabeth Warren joined other Democratic lawmakers in urging CFTC chair Rostin Benham to finalise and implement the rule "quickly" to prevent the "commoditisation of US elections", which they argue "devalue the sanctity of the democratic process". The CFTC is...
On July 16, according to the "Futures and Derivatives Law of the People's Republic of China", "Regulations on the Administration of Futures Trading", "Measures for the Administration of Futures Exchanges" and other relevant laws, regulations and rules, the Shanghai Futures Exchange has drafted the "Shanghai Futures Exchange Lead Futures Options Contract (exposure draft) ", "Shanghai Futures Exchange Nickel Futures Options Contract (exposure draft) ", "Shanghai Futures Exchange Tin Futures Option...