Gemini Settlement Stands Despite CFTC Reversal
U.S. District Judge Alvin Hellerstein rejects the CFTC and @Gemini’s request to erase a $5M settlement, maintaining the original injunction despite the CFTC’s reversal. Legal
CFTC
CFTC Backs $5 Million Settlement Rejected
A U.S. federal judge upheld @Gemini’s $5 million settlement despite CFTC support for reversal, maintaining the exchange’s obligations under the agreement as it operates in the U.S. #Update #Legal $BTC
CFTC Casino Moves Cosmetic BetMGM CEO
BetMGM CEO Greenblatt critiques CFTC’s casino rule as superficial, predicting Supreme Court favoring states in 2026-27. BetMGM Q3 revenue up 7% to $710M. #Update #Legal
SEC Oversight Demanded for Trading Platforms
@Hyperliquid founder Jeff Yan advocates for U.S. regulators to oversee trading firms using his blockchain, not the network itself, allowing traditional firms to operate without direct regulation of the blockchain. #Update #Crypto
Crypto Innovation Accelerates After Clarity’s Failure
@Temporal’s Cathy Yoon expresses hope that the SEC will differentiate software development from financial intermediaries, as comprehensive regulation looms in the crypto space. #Update #Legal $SOL
Bitcoin Markets: CFTC Launches Rulemaking Push
The Commodity Futures Trading Commission (CFTC) has initiated an advanced rulemaking process for retail commodity transactions involving crypto assets, seeking public input for a potential federal framework. #Update #Legal
CFTC Approves Perpetual Futures Conversion
The CFTC allows U.S. exchanges to convert qualifying broad-based security index futures into true perpetual contracts, with temporary relief expiring October 20. #Update #Legal
CFTC Proposes New Rules for Crypto Exchanges
The U.S. Commodity Futures Trading Commission proposed new regulatory standards for cryptocurrency markets, allowing CFTC-registered exchanges to offer retail margin and leverage amid calls for clearer federal frameworks. #Update #Crypto $BTC $ETH
Bitcoin Regulation: CFTC Opens Crypto Rulebook
The CFTC opened a 60-day comment period on a potential federal framework for retail crypto commodity transactions, urging companies to build under U.S. rules. #Update #Crypto
Bitcoin Stalls at $87K CFTC Eyes Rules
Bitcoin faced rejection near $87K, dropping to $85,200, triggering $109M in liquidations led by short bets. CFTC seeks public input on new crypto rules. #Update #Crypto $BTC
CFTC Defines Event Contracts as Swaps
The CFTC submitted two rules to the White House on Sept. 28 to redefine swaps, including event contracts and excluding casino-style gambling, impacting regulatory jurisdiction. Legal
CFTC Targets Prediction Market Promotions
The CFTC is reviewing prediction market incentive programs, with action expected this week. Concerns include “risk-free” trades and unlimited rebates. Companies like @Kalshi and @Polymarket may be impacted. #Update #Legal
CFTC Approves Coinbase Clearinghouse Launch
The U.S. Commodity Futures Trading Commission approved @Coinbase’s registration of Coinbase Clearing LLC as a derivatives clearing organization, enabling in-house clearing of fully collateralized futures and options. #Update #Crypto $USDC
Coinbase Launches CFTC-Approved USDC Clearinghouse
Coinbase Clearing LLC has been registered by the CFTC as a Derivatives Clearing Organization, enabling it to clear fully collateralized derivatives using USDC with 24/7 settlement. #Update #Legal