The Commodity Futures Trading Commission (CFTC) is reportedly working on a draft proposal to enhance regulatory defenses and protect client funds. Coming in response to last year’s collapse of crypto giant FTX, the proposal aims to expand the scope of existing regulations to include exchanges that allow...
Across the pond, and on the Continent, the regulatory landscape is shifting for cryptos. Earlier this month, the U.K.’s Financial Conduct Authority (FCA) took the reins on oversight of cryptocurrency asset oversight — specifically, oversight of anti-money laundering (AML) and counter terrorist financing (CTF) activities....
January 07, 2024
Coinbase plans to purchase a Cyprus-based company to offer cryptocurrency-linked derivatives in the European Union. America’s largest crypto firm announced the plans on its blog Friday (Jan. 5), saying the agreement with the unidentified company would give it access to a MiFID (Markets in Financial Instruments Directive) license. MiFID refers to the European Union’s (EU) licensing […]
November 09, 2023
The Commodity Futures Trading Commission (CFTC) is reportedly working on a draft proposal to enhance regulatory defenses and protect client funds. Coming in response to last year’s collapse of crypto giant FTX,...
