Saturday, December 21, 2024
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CFTC filed complaints against three defi protocols

The United States Commodity Futures Trading Commission (CFTC) has issued orders against three defi protocols for failing to register derivative trading offerings. The regulatory body has acted against the three decentralized finance (defi) protocols: Opyn, ZeroEx, and Deridex. The regulator claims they failed to register derivatives trading offerings. The CTFC ordered that

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EU’s ESMA to Consult on MiCA Crypto Complaints, Conflict of Interest Rules in July

The European Securities and Markets Authority will set out proposals next month for how the EU’s new Markets in Crypto Assets (MiCA) rules should work in practice, including the forms and notifications that crypto companies and established funds have to follow in order to offer services within the bloc. Source

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SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Before Hitting Binance, Coinbase

“Some additional utility does not remove a crypto asset security from the definition of an investment contract,” Gensler said, though he added that tokens built for exclusive use in their blockchain ecosystems can be exempted from such accusations. “The investing public generally buys these crypto assets, at least in part,

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FTX addresses user withdrawal complaints amid major token movement

Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node throughput is limited for Bitcoin (BTC) withdrawals.In the series of tweets, the exchange also addressed stablecoin withdrawals, saying redemptions or creations might be

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