Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2

The standard bitcoin futures contract on CME is equivalent to 5 BTC, while the micro contract is sized at one-tenth of 1 BTC.

• 2023-07-27
• Commodity Futures Trading Commission Chicago Mercantile Exchange CME futures open interest futures contracts participation

CFTC Orders Two Florida Men to Pay $5.4 Million in Bitcoin Fraud Case

Investors never received a satoshi of Bitcoin, despite what they were promised.

• 2023-07-07
• Commodity Futures Trading Commission CFTC Randy Craig Levine Reichenthal Bitcoin The Commission investors

Lawmakers Say Crypto Turf War Between SEC and CFTC Is an 'Industry-Fueled Narrative'

How a token could go from a commodity to a security—and where to draw the line—remains unclear as ever on Capitol Hill.

• 2023-05-11
• Commodity Futures Trading Commission CFTC Dusty Johnson digital assets SEC the SEC

US court orders South African firm's CEO to pay $3.4 billion for bitcoin fraud

A federal judge in Texas ordered the head of a South African firm to pay a whopping $3.4 billion for what the U.S. commodities regulator said was its largest-ever fraud case involving bitcoin. Cornelius Johannes Steynberg was ordered to pay $1.7 billion in restitution to victims of the fraud scheme and another $1.7 billion as a civil penalty, a record for any Commodity Futures Trading Commission case, the regulator said in a statement on Thursday. Steynberg, whose last known residence was in S

• 2023-04-28
• Commodity Futures Trading Commission Cornelius Johannes Steynberg South African fraud scheme civil penalty

The Regulatory Crackdown on Crypto Continues. Coinbase Stock Is Holding Up.

The stock’s resilience, and outperformance, in the face of these regulatory pressures is noteworthy.

• 2023-03-29
• Commodity Futures Trading Commission Coinbase digital assets Coinbase stock

Bitcoin, Ether extend declines amid U.S. lawsuit against Binance; Asian equities mixed

Bitcoin and Ether continued to fall in Tuesday afternoon trade in Asia, along with most other top 10 cryptocurrencies by market capitalization, after regulators in the U.S. pulled up Binance, the world’s biggest crypto exchange, for allegedly violating trading mandates.

• 2023-03-28
• Commodity Futures Trading Commission Asian markets market capitalization Tuesday afternoon Binance

Bitcoin and Other Cryptos Fall. It’s Not All Because of Binance.

MicroStrategy, a company that owns large amounts of Bitcoin, has bought more. That often triggers a price reaction in the short term, analysts say.

• 2023-03-28
• Commodity Futures Trading Commission digital asset crypto exchange Alex Kuptsikevich Bitcoin

NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities

The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law.

• 2023-02-23
• Commodity Futures Trading Commission CoinEx New York U.S. Securities and Exchange Commission

Binance May Have a Clear Path Out of U.S. Regulatory Trouble. Cryptos Are Rallying.

The cryptocurrency exchange expects to pay a fine to settle existing regulatory and law enforcement investigations into its business, The Wall Street Journal reported.

• 2023-02-16
• Commodity Futures Trading Commission law enforcement investigations The Wall Street Journal cryptocurrency exchange Justice Department digital assets Binance digital asset Patrick Hillmann

U.S. Congress, not the SEC, will set cryptocurrency regulations, says Blockchain Association

The Blockchain Association Chief Policy Officer Jake Chervinsky said the U.S. Congress will ultimately set the laws in the country to govern the cryptocurrency industry and not the Securities and Exchange Commission

• 2023-02-15
• Commodity Futures Trading Commission Jake Chervinsky enforcement actions Blockchain Association U.S. Congress SEC