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During his recent testimony to lawmakers CFTC Chairman Rostin Behnam said that he believes Ether to be a commodity since it’s listed on CFTC and its derivatives marketplace. A day after the US Commodities and Futures Trading Commission (CFTC) filed a lawsuit against Binance, Chairman Rostin Behnam reiterated his stand
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In the high-stakes CFTC action against Binance, his agency claimed that several tokens – bitcoin, ether, litecoin and the stablecoins tether and BUSD – are commodities that Binance was illegally trading. A lawmaker in the House Appropriations Committee asked him in a budget hearing Tuesday whether he personally believed ether
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Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore. Original Source
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In the United States, crypto reform legislation isn’t the province of a single political party, and that’s why a former U.S. Congressman, who also played a prominent role in the Trump administration, believes that passage of a federal “digital assets” law this year is a real possibility.“Democrats aren’t all on
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In episode 11 of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw speaks to Steven McClurg, the chief investment officer of Valkyrie Investments, about the state of Bitcoin (BTC) exchange-traded funds (ETFs) and the way forward.Regulators in the United States have mounted stiff opposition against listing Bitcoin spot ETFs even though
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Barr, a former Treasury Department official who briefly became an adviser for Ripple before returning to a government role in the Biden administration, didn’t mention Silvergate Bank in the statement, though that smaller institution was also supervised by the Fed. Source
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“It is already time for us to start asking what healthy competition should look like in the Metaverse,” Vestager, who is European Commissioner for competition and digital affairs, said at an event in Brussels according to a published text. She also referred to the impact of artificial intelligence service ChatGPT. Source
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ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said that the city's evolving approach to digital asset licensing could shift attitudes in mainland China. Source
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Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits. Source
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The staking services offered by cryptocurrency exchange Coinbase are “fundamentally different” to what was offered by its peer exchange Kraken — which recently came under fire from the United States securities regulator — according to Coinbase's head lawyer.Paul Grewal, Coinbase’s chief legal officer, made the comments in his response to
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