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Former chief of the U.S. CFTC joins Paxos board of directors

Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s…

US court approves $2.85 billion CFTC fine against Binance and CZ

Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million. The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and…

CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud

CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged for failing to register as a commodity pool operator. The…

BNB/USD price forecast amid CFTC suing Binance for crypto trading violations

CFTC sues Binance for trading violations  BNBUSD bearish bias persists $200 is a major support area The cryptocurrency market is hit with another scandal as news that CFTC (Commodity Futures…

​​Stablecoins and Ether are going to be commodities, says CFTC Chair

Key takeaways CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities. The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities. Behnam…

CFTC charges Digitex founder over illegal crypto derivatives platform

The Commodity Futures Trading Commission (CFTC), has brought charges against Adam Todd, the founder… The post CFTC charges Digitex founder over illegal crypto derivatives platform appeared first on CoinJournal.

CFTC orders crypto firm to pay $250,000 over registration violations

CFTC’s penalty against bZeroX, its founders and successor firm Ooki DAO relate to illegal… The post CFTC orders crypto firm to pay $250,000 over registration violations appeared first on CoinJournal.