SEC Approves XRP ETF Launch
21shares launched its XRP ETF, trading under TOXR on the Cboe BZX Exchange after SEC approval, offering exposure to $XRP with a 0.3% annual fee. Crypto $XRP
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Do Kwon Sentenced to 15 Years for Fraud
Do Kwon, co-founder of @TerraformLabs, was sentenced to 15 years in prison for defrauding investors and causing $50 billion in losses during the May 2022 crypto crash. #Breaking #Legal $LUNA
Binance CEOs Join CFTC Council Shift
Crypto heavyweights join the CFTC’s CEO Innovation Council to discuss tokenization, collateral, and derivatives in U.S. market modernization efforts. #Update #Legal
CFTC Approves No-Action for Polymarket and Gemini
The U.S. Commodity Futures Trading Commission issued no-action letters to @Polymarket, @PredictIt, @Gemini, and LedgerX/MIAX, easing recordkeeping demands for prediction markets under specific conditions. #Update #Legal $BTC $ETH
CFTC Launches Modern Crypto Market Oversight
The Commodity Futures Trading Commission (CFTC) has eliminated outdated guidance on digital assets, indicating a shift towards improved crypto market regulation and safety. #Update #Crypto
CFTC Seeks New Guidance on Crypto Delivery
U.S. Commodity Futures Trading Commission Acting Chairman Caroline Pham has withdrawn outdated “actual delivery” guidance on crypto commodities, aiming to foster innovation ahead of potential confirmation for Mike Selig. #Update #Crypto $BTC $ETH
Bitcoin: CFTC Withdraws Crypto Guidance
The Commodity Futures Trading Commission has withdrawn outdated guidance on virtual currency delivery, aligning with digital asset reforms to foster innovation and market safety. Legal
CFTC Chair Vote on Trump’s Pick Today
Vote on President Trump’s CFTC chair nominee Michael Selig could occur today, as Senate Agriculture Committee Chair Glenn Thompson indicates urgency before the holiday recess. #Update #Crypto $BTC
Crypto Scam Exposed Canadian Charged for $42M Fraud
Canadian Nathan Gauvin arrested in the UK for allegedly defrauding crypto investors of over $42M via Discord, misleading claims about investments in TradFi and DeFi; funds used for personal luxuries. #Breaking #Legal $USDT
Pi Network Lawsuit Declared Deeply Flawed
@Dr_Picoin claims the Pi Network lawsuit lacks evidence and misrepresents facts, following a U.S. District Court filing alleging token mismanagement and unauthorized transfers. #Update #Legal $PI
CFTC Approves Gemini Prediction Markets Stock Surges 14%
@Gemini’s affiliate Gemini Titan, LLC received CFTC approval to operate as a Designated Contract Market, enabling regulated prediction markets for U.S. customers; stock surged 13.73% to $12.92. #Update #Crypto $GEMI
CFTC Approves Gemini’s Futures and Perps Launch
@Gemini has received CFTC approval to offer regulated prediction markets via Gemini Titan, enabling event-based contracts for U.S. users. This follows increased demand in the sector. #Update #Crypto $XRP
Gemini Gains CFTC Approval for US Launch
Gemini Titan secures CFTC Designated Contract Market license, enabling U.S. prediction markets launch; CEO Tyler Winklevoss credits Trump administration for crypto support. #Update #Crypto
Crypto CEOs Join CFTC Innovation Council
The U.S. Commodity Futures Trading Commission has formed an Innovation Council with crypto CEOs including @TylerWinklevoss and @ArjunSethi to focus on derivatives market developments, amid ongoing regulatory changes. #Update #Crypto