Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
The U.S. CFTC is moving to regulate event contracts under swaps rules, facing legal challenges from states claiming authority over sports betting; public input on the proposal is open for 30 days. #Update #Legal $USDT
Former Celsius CEO Alex Mashinsky is permanently barred from crypto and finance, agreeing to a $35M settlement with New York AG Letitia James amid fraud allegations; he faces a 12-year prison term. #Breaking #Legal $CEL
@Blockchain.com has applied to the CFTC for licenses to offer prediction markets and crypto derivatives, potentially creating its own marketplace. CFTC Chair Selig emphasizes regulatory safeguards post-FTX collapse. #Update #Crypto $BTC $ETH
@DWF Labs subsidiaries are suing @BitGo for $141 million, alleging breach of token lock-up conditions after moving $25 million in WLFI tokens to exchanges before the first unlock. #Breaking #Legal $WLFI
Project Eleven partners with Quantus to integrate the Quantus Network into its Strongpoint platform, aiming for post-quantum blockchain asset security by Q1 2027. #Update #Crypto
Rep. French Hill pushes for the CLARITY Act’s passage in the lame-duck session, aiming to secure US digital asset dominance amid SEC and CFTC rule limitations. #Update #Crypto
Rep. French Hill criticizes SEC and CFTC crypto rules as insufficient, advocating for legislative solutions to ensure U.S. leads in digital assets. #Update #Crypto $BTC
Tether signs MOU with Kazakhstan’s central bank and Alatau City Authority to explore a tenge-pegged stablecoin and asset tokenization framework. #Update #Crypto $USDT
Cardano’s CIP-0113 token standard is now live, enabling compliance controls like KYC and sanctions screening on native assets, targeting regulated stablecoins and securities. #Update #Crypto $ADA
@Payward, parent company of Kraken, is in talks with Wells Fargo to provide crypto trading liquidity. Discussions are ongoing; no deal confirmed. #Update #Crypto $BTC $ETH
Representative French Hill criticized the SEC and CFTC for lacking legislative stability in crypto regulations after the failed CLARITY Act, emphasizing the need for permanent law changes. #Update #Crypto $BTC
Kazakhstan’s National Bank is collaborating with @Tether to explore a stablecoin pegged to the tenge and asset tokenization, aiming for a pilot proposal. #Update #Crypto $USDT
@CardanoFoundation has launched the CIP-0113 programmable token standard on the Cardano mainnet, enabling compliance checks for regulated assets without a hard fork. Recognized by CMTA for certification. #Update #Crypto $ADA
@ConduitTechnology has sued Tether, claiming it unlawfully froze $2.76 million in USDT, impacting operations and leading to layoffs. The company denies links to a Brazilian police investigation. #Breaking #Legal $USDT
