Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin's Fate

bitcoinist.com With Bitcoin rocketing in value and Wall Street circling like a hawk, the US crypto industry is holding its breath as a crucial vote approaches in Washington next week. The…

Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman

news.bitcoin.com Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry,…

‘This Is A Big Deal’

forbes.com Bitcoin and cryptocurrencies—including major coins ethereum and XRP —are braced for a game-changing vote in Washington next week (even as a Wall Street bitcoin storm is…

Funding Wrap: Polymarket gets backing from Vitalik Buterin, Founders Fund in $70M raise

blockworks.co This week’s funding was led by the betting platform Polymarket, which disclosed a whopping $70 million raised from two separate rounds. The announcement was slightly unusual…

Warren’s campaign against crypto may give way to more nuanced debate among Democrats

dlnews.com Democratic Senator Elizabeth Warren’s campaign against crypto recently encountered opposition within her own party as both the Senate and House voted against a Securities…

Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill

coinpedia.org The post Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill appeared first on Coinpedia Fintech News As we approach the end…

US House to Vote on Two Landmark Crypto Bills Next Week

coingape.com Next week, there will be significant legislative activity as the US House of Representatives prepares to vote on two key bills, H.R. 5403 and H.R. 4451. These bills are…

Congress Overturns SEC Ruling on Banks' Bitcoin Custody With Majority Vote

bitcoinnews.com In a showdown in Washington, the U.S. Congress has taken steps to challenge the Securities and Exchange Commission (SEC) over a controversial policy related to digital…

Pro XRP Lawyer Slams SEC Chair Gensler’s Crypto Understanding, Here’s All

coingape.com Pro XRP Lawyer Bill Morgan has publicly criticized SEC Chair Gary Gensler’s recent actions within the cryptocurrency space, particularly highlighting Gensler’s perceived…

3 Major Crypto Events to Watch Next Week: Crypto Industry Braces for Crucial Decisions

coinpedia.org The post 3 Major Crypto Events to Watch Next Week: Crypto Industry Braces for Crucial Decisions appeared first on Coinpedia Fintech News There are three major events that…

Two Texas cattle traders promised epic returns on investment. Now, they’re accused of a $161 million Ponzi scheme

fortune.com In 2021, two Texas entrepreneurs started marketing a creative idea. For just $2,000, you could buy a cow from your couch. You wouldn’t ever touch the animal—their company,…

Short yen wagers linger due to gap between U.S.-Japan rate paths

japantimes.co.jp The gulf between interest rates in the U.S. and Japan means traders are still betting against the yen — even after authorities likely intervened in recent weeks to prop up…

Your Free Tokens Are Not Available on Bankless

bankless.com Why EigenLayer's token distribution is leaving out dozens of countries, including the U.S. EigenLayer’s token drop was announced on Monday, but plenty of users across the…

Why regulators fear an Ethereum ETF: ‘What did we just do?’

dlnews.com Bitcoin exchange-traded funds were only launched in January. Now, policymakers and regulators are likely to want a lot more time to digest their impact before committing to…

US Crypto Market Awaits FIT21 Bill’s Final Vote Next Week: What to Expect?

coinpedia.org The post US Crypto Market Awaits FIT21 Bill’s Final Vote Next Week: What to Expect? appeared first on Coinpedia Fintech News House lawmakers are set to vote on the…

Crypto Regulation FIT21 Gets Support From CCI and 60 Organizations

coingape.com Crypto Council for Innovation (CCI) along with 60 other crypto companies and organizations have signed a support letter for the Financial Innovation and Technology for the…

Crypto Industry Rallies Behind House Bill As it Heads Toward Final Vote

coindesk.com None A wide swath of the crypto industry signed a letter to the top lawmakers in the U.S. House of Represenatives, explaining why they should get behind the Financial…

Binance Assists Taiwan Authorities in Major Crypto Money Laundering Case

coinspeaker.com Coinspeaker Binance Assists Taiwan Authorities in Major Crypto Money Laundering Case Binance has collaborated with Taiwan authorities to tackle a major money laundering case…

Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case

cryptonews.com Binance has teamed up with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to solve a significant case involving…

TD Bank’s U.S. woes show the limits of being a big fish in a small Canadian pond

theglobeandmail.com If ever there was an opportunity to explore how Canada and the U.S. regulate financial institutions, Toronto-Dominion Bank’s U.S. anti-money laundering (AML) debacle is it.…

Thursday links: forced returns

abnormalreturns.com Markets Three assets that don't diversify your portfolio as well as you think. (morningstar.com) Risk-on assets have failed to outperform in 2024. (allstarcharts.com) How…

Donald Trump Earns ‘First Crypto President’ Title, Former CFTC Commissioner Claims

cryptonews.com Former President Donald Trump has been dubbed “America’s first crypto president” ever since his first year in office in 2017, according to Chris Giancarlo, a former CFTC…

3 Cryptos to Stay Far, Far Away From: BONK, CAKE, AMP

investorplace.com These are the three cryptos to avoid prior to the next wave of crackdowns With Bitcoin (BTC-USD) dipping below $62,000 again, and BlockTower Capital suffering a major…

Crypto Brokerage Firm Falcon Labs Set To Pay Over $1,768,000 in Settlement With CFTC

dailyhodl.com The U.S. Commodity Futures Trading Commission (CFTC) is ordering the Seychelles-registered cryptocurrency brokerage firm Falcon Labs to pay nearly $2 million to settle…

This Week in Web3: Crypto Payment Rails and Regulatory Clarity

pymnts.com As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space in 2024. That’s…

CFTC Warns Public of ‘Money Mule’ Scams Involving Crypto Disguised As Work-From-Home Opportunities

dailyhodl.com Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the Commodity Futures Trading Commission…

KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance

cryptonews.com KuCoin has made the decision to suspend all naira-based peer-to-peer (P2P) trading in response to increased scrutiny from Nigeria’s regulatory authorities. The move comes…

Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool

zerohedge.com Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool Perhaps taking a cue from our CPI commentary last week in which we explained why today's inflation print will…

Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round

news.bitcoin.com Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The…

Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors

cryptonews.com Paxos, a leading regulated blockchain and tokenization infrastructure platform, appointed Christopher Giancarlo, the former Chairman of the United States Commodity Futures…

Vitalik Buterin, Peter Thiel Back Betting Platform Polymarket As $125,328,749 Worth of Election Bets Accumulate

dailyhodl.com A global prediction market platform has raised $70 million in funding from prominent investors as the 2024 US Presidential Election looms. According to a new press release,…

Meridianbet Expands Its Global Political Betting Offer Amid US Regulatory Shifts

benzinga.com LAS VEGAS and VALETTA, Malta, May 14, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a prominent global sports betting and iGaming operator and a part of the Golden Matrix Inc. Group…

Polymarket Raises $45M in Series Funding on Bankless

bankless.com Polymarket, the popular decentralized predictions market, announced its $45M Series B funding round today, led by Peter Thiel’s Founders Fund. Other investors in the round…

CFTC concerned about political betting in derivatives markets

marketplace.org You can buy a stock, expecting it’s value will go up. Or you can buy a derivative, where you bet the stock will go up or down but never actually buy the stock. You can place…

Former CFTC Chair Chris Giancarlo joins Paxos board

cointelegraph.com Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.

From co-founder to convicted: CZ sentencing caps years of Binance legal woes

dlnews.com Changpeng Zhao finds out today how long he will spend behind bars. A Seattle court will decide the Binance co-founder and ex-CEO’s fate after he pleaded guilty in November…

Vitalik Buterin, Founders Fund Back Polymarket in $45 Million Funding Round

coingape.com Polymarket, a cryptocurrency-based prediction market platform, has raised $45 million in its recent Series B funding round. The round was supported by Peter Thiel’s Founders…

FalconX hit with $1.7 million fine for regulatory violations

coinjournal.net The Commodity Futures Trading Commission (CFTC) has fined crypto trading firm FalconX a total of $1.7 million. CFTC said the penalty relates to the Seychelles-based…

Ethereum ETFs Risk Denial By SEC, Bloomberg Analyst Warns

coingape.com Recent developments indicate that the approval of Ethereum Exchange-Traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) may face significant hurdles.…

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

coinjournal.net Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos…

Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

coindesk.com Billionaire Peter Thiel's Founders Fund is the lead investor, Polymarket founder Shayne Coplan told CoinDesk via Telegram message. Other participants include Ethereum…

Paxos adds former CFTC Chair Chris Giancarlo to its board of directors

theblock.co Former CFTC Chair J. Christopher Giancarlo is joining stablecoin issuer Paxos's board of directors, according to a statement on Tuesday.

Billionaire Shark Mark Cuban Warns The SEC's Anti-Crypto Stance Could Cost Biden The Election

benzinga.com Known for his many business ventures, Mark Cuban has also been a long-term investor in crypto, specifically taking large positions in Ethereum (ETH), Polygon (MATIC), and…

Paxos Appoints Former CFTC Chairman J. Christopher Giancarlo to Board

financemagnates.com Paxos, a regulated blockchain and tokenization infrastructure platform, announced today the appointment of J. Christopher Giancarlo, former Chairman of the US Commodity…

'CryptoDad' Giancarlo Joins Paxos Board

coindesk.com None Crypto advocate, lawyer and author of “CryptoDad: The Fight for the Future of Money” J. Christopher Giancarlo will help direct the stablecoin issuer Paxos. • None The…

FalconX Fined $1.7 Million by CFTC for Regulatory Violations

beincrypto.com In a landmark enforcement action, the Commodity Futures Trading Commission (CFTC) has issued fines totaling $1.7 million against FalconX, a prominent crypto prime brokerage…

CFTC Warns Students and Job Seekers about Crypto Money Mule Scams

coinspeaker.com Coinspeaker CFTC Warns Students and Job Seekers about Crypto Money Mule Scams The Commodity Futures Trading Commission (CFTC) has warned young people, including students and…

How CZ’s sentencing sets the stage for an even graver test

dlnews.com When Changpeng Zhao faces a judge on Tuesday to be sentenced for violating US banking law, the event may look a lot like closure. But it won’t be. Binance, the global crypto…

CFTC Urges Caution to Job Seekers Amid Rising Money Mule Scams

cryptonews.com The Commodity Futures Trading Commission (CFTC) is warning against “money mule” scams targeting remote job seekers. On Monday, the regulator said people seeking…

Crypto Prime Broker Illegally Operated in the US: Settles for $1.8 Million

financemagnates.com In its latest action against non-compliance in the crypto industry, the Commodity Futures Trading Commission (CFTC) has settled with FalconX, a crypto prime brokerage firm…

FalconX Fined $1.8M by CFTC, Ceases U.S. Crypto Derivatives Trading

coinpedia.org The post FalconX Fined $1.8M by CFTC, Ceases U.S. Crypto Derivatives Trading appeared first on Coinpedia Fintech News FalconX settled with the CFTC for $1.8 million, accused…

Falcon Labs Settles with CFTC in Landmark Case Over Unregistered Status

cryptonews.com The Commodity Futures Trading Commission (CFTC) has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures…

Most Stablecoins Doomed to Fail and Lose Peg According to Deutsche Bank

cryptopotato.com Deutsche Bank analysts believe most stablecoins are doomed to fail following an internal analysis of 334 currency pegs over the past 200 years. “Some may survive, although…

Crypto Firm Falcon Labs Settles ‘Unregistered Activities’ Case With CFTC For $1.7M

bitcoinist.com The Commodity Futures Trading Commission (CFTC) has taken action against crypto brokerage firm Falcon Labs, a company based in the Seychelles, for failing to register as a…

CFTC announces $1.8M settlement against brokerage firm FalconX

cointelegraph.com The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao.

Breaking: CFTC Fines Falcon Labs for Unregistered Digital Asset Services

coingape.com The Commodity Futures Trading Commission (CFTC) has issued an order of filing and settling charges against Falcon Labs, Ltd., a Seychelles-based company, for not being a…