Several key figures in cryptocurrency enforcement at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are stepping down, signaling a shift towards innovation-focused oversight under the new administration. #Breaking #Crypto $BTC (+8) ↗
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) ↗
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) • →
A group of insiders at the Federal Deposit Insurance Corporation (FDIC) has exposed a coverup involving Operation Chokepoint 2.0, revealing efforts to hide documents from FOIA requests and run disinformation campaigns against detractors on social media. • #Breaking • #Legal • @FDICgov • (+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) • →
The Markets in Crypto-Assets Regulation (MiCA) is now live across the European Union, marking a milestone for digital asset oversight with new rules for stablecoins and crypto services. • #Update • #Legal • @paddi_hansen • (+6)
Australian Treasurer Jim Chalmers advocates for balanced crypto regulation to modernize finance, amid skepticism from RBA Governor and Trump re-election impact. #Update #Crypto @RBA ↗ +3
The National Bank of Cambodia (NBC) mandates licensing for crypto transactions, impacting fund mobilization, trading, and settlements; non-compliance risks penalties (Dec. 26). #Breaking #Legal @NBC ↗ (+7)
@Binance and founder Changpeng “CZ” Zhao request dismissal of US Securities and Exchange Commission lawsuit, citing failure to meet Howey test and lack of investor harm evidence. $BNB price rises 2% to $685.20. #Update #Legal @Binance ↗ (+3)
@Hashdex and @FranklinTempleton receive SEC approval for spot cryptocurrency ETFs investing in $BTC and $ETH, launching January 2025 with an 80/20 allocation favoring Bitcoin. #Update #Crypto @Hashdex ↗ (+3)
The U.S. Securities and Exchange Commission charged @JumpCrypto’s subsidiary Tai Mo Shan for misleading investors on $UST stability and unregistered sales of $LUNA, agreeing to a $123.08M penalty (May 2021 – May 2022). #Breaking #Crypto @JumpCrypto ↘ (-3)
The @SECGov approved cryptocurrency ETFs from @FTI_Global and @Hashdex; $BTC and $ETH integration into traditional markets starts on Nasdaq and Cboe BZX (Dec 2024). Bitcoin @SECGov ↗ (+7)
Coinbase faces a $1B lawsuit from BiT Global over delisting $WBTC, citing control concerns by TRON’s Justin Sun. The case could redefine crypto exchange delisting practices and regulatory risk management. #CryptoNews #LegalUpdate
