Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Kenya is drafting legislation to regulate cryptocurrencies, with a proposal open for public feedback until Jan. 24, marking a significant step in crypto oversight by the Kenyan government. #Update #Legal #Crypto (0) →
Kenya is set to regulate cryptocurrencies with a draft proposal open for public feedback until Jan. 24, marking a significant step in the country’s digital asset landscape. #Update #Legal #Crypto (+3) ↗
Gary Gensler, outgoing SEC Chair, reiterated the need for stricter crypto regulations, citing the market’s “bad actors” and emphasizing enforcement of existing laws. He steps down January 20 as Paul Atkins is expected to lead a more industry-friendly SEC. #Breaking #Legal @SECGov (+8) ↗
@Coinbase warns users of a U.S. Commodity Futures Trading Commission (CFTC) subpoena for data on interactions with @Polymarket, amid ongoing legal disputes over prediction markets. • #Breaking • #Legal • @Coinbase • (+8) • ↗
@coinbase subpoenaed by U.S. Commodity Futures Trading Commission in @Polymarket investigation, seeking “general customer information.” Coinbase alerted users via email, emphasizing no action required from users and potential objections to data requests. • #Breaking • #Legal • @coinbase • (+8) • ↗
The U.S. Commodity Futures Trading Commission (CFTC) has subpoenaed @coinbase for customer info in the @Polymarket case, impacting regulatory scrutiny as CFTC Chair Behnam prepares to step down before Trump takes office. • #Breaking • #Legal • @coinbase • (+8) • ↗
The Nigerian Securities and Exchange Commission (SEC) warns that some virtual asset service provider (VASP) license applicants fail to meet regulatory standards, urging compliance to avoid rejection. • #Update • #Legal • @SECGov • (+3) • →
@Coinbase may need to provide user data to the Commodity Futures Trading Commission (CFTC) due to a subpoena linked to Polymarket. • #Update • #Legal • @Coinbase • (+4) • →
Outgoing CFTC Chair Rostin Behnam urges Congress for crypto regulation, noting it will take 6-10 months; highlights a regulatory shift with new administration and acting chairs. • #Update • #Crypto • @CFTC • (+3) • →
@Gemini agreed to pay $5M to settle a CFTC case over misleading statements about bitcoin futures manipulation, avoiding trial. The settlement includes an injunction against future misstatements. • #Breaking • #Legal • @Gemini • (+8) • ↗
Outgoing CFTC Chair Rostin Behnam warns of insufficient U.S. crypto regulation amid rising mainstream adoption, highlighting potential risks without comprehensive oversight. • #Update • #Crypto • @CFTC • (+6) • →
Ex-SEC lawyer Marc Fagel suggests a settlement in the Ripple SEC case is likely, as both parties appealed parts they lost; SEC under Gary Gensler may file appeal by Jan 15, impacting $XRP price. • #Update • #Legal • $XRP • (+2) • →
U.S. Commodity Futures Trading Commission Chairman Rostin Behnam announces departure on January 20, aligning with SEC Chair Gary Gensler’s exit as President-elect Donald Trump takes office, impacting future crypto regulation. • #Breaking • #Crypto • $BTC • (+8) • ↗
Judge Katherine Failla paused the @SECGov lawsuit against @Coinbase until an appeals court reviews conflicting crypto rulings, marking a pivotal legal moment. • #Breaking • #Legal • @Coinbase • (+8) • ↗
