SEC CFTC Coordinate Crypto Rules Pact
The SEC and CFTC signed a memorandum to coordinate oversight of financial markets and digital assets, aiming to harmonize regulatory frameworks and reduce compliance friction. #Update #Legal
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
SEC CFTC Sign Groundbreaking Crypto Regulation Memo
@SEC_News and @CFTCgov have signed a memorandum to enhance regulatory coordination for crypto and financial markets, aiming for clarity amid evolving technologies. #Update #Crypto
SEC CFTC Unite for Comprehensive Crypto Oversight
The SEC and CFTC have signed a memorandum to enhance crypto oversight, aiming for unified regulations and data sharing, potentially impacting the majority of the crypto sector. #Update #Crypto
SEC CFTC Coordinate Crypto Oversight Agreement
The SEC and CFTC announced a Memorandum of Understanding to enhance coordination, aiming for regulatory clarity in financial markets, including digital assets. #Update #Legal
Mastercard Partners with 85 Firms to Revolutionize Payments
Mastercard launches a Crypto Partner Program with over 85 digital asset companies to enhance cross-border payments, leveraging stablecoin infrastructure. #Update #Crypto @Mastercard
SEC Strengthens Ties with CFTC Through Joint Meetings
The U.S. SEC and CFTC are formalizing cooperation with joint meetings and exams to enhance regulatory clarity for crypto firms, aiming for a harmonized framework. #Update #Crypto $BTC $ETH
CFTC Chair Launches Comprehensive Crypto Regulations
CFTC Chairman Mike Selig outlines plans for regulatory clarity on DeFi and prediction markets, asserting the agency’s authority amid state legal challenges. #Update #Crypto $BTC $ETH
Crypto Banks Face Wall Street Lawsuit
The Bank Policy Institute considers suing the OCC over granting national trust charters to crypto firms like @Ripple, potentially allowing them bank-like services without full regulation. #Update #Legal
Binance Lawsuit Dismissed by US Court
A U.S. federal court dismissed a lawsuit against @Binance and Changpeng Zhao over alleged financing of terrorist attacks, citing insufficient evidence of direct involvement. #Update #Legal $BNB
Binance Lawsuit Dismissed by US Judge
A federal judge dismissed claims linking @Binance and Changpeng Zhao to terrorist financing, allowing plaintiffs to refile with revised allegations. #Update #Legal
Crypto Revolution: Colossus Launches KYC-Less Cards
@Colossus is launching a KYC-less credit card network on Ethereum layer-2, bypassing Visa and Mastercard. The startup raised $500K pre-seed, valued at $10M. #Update #Crypto
Kalshi Faces Lawsuit Over Khamenei Trade Carveout
A class action lawsuit has been filed against @Kalshi for allegedly failing to disclose a death carveout in the “Ali Khamenei out as Supreme Leader” market, voiding trades after his death. #Update #Legal $KSHI
Kalshi Faces Lawsuit Over Unpaid Wagers
Kalshi faces a lawsuit in California over market resolution on Iranian leader’s death, accused of inadequate rule disclosure. Plaintiffs seek damages. #Update #Legal
SEC Fines NYSE $9M Over Disruption
The New York Stock Exchange will pay a $9M SEC penalty for a January 2023 tech glitch disrupting stock trading, with total costs reaching $15M. #Breaking #Legal