Last month, the Commodity Futures Trading Commission (CFTC) announced settled charges against three decentralized finance (DeFi) protocols for various registration and related violations under the Commodity Exchange Act (CEA)...more
10/16/2023
/ Anti-Money Laundering ,
Bitcoin ,
CFTC ,
Commodity Exchange Act (CEA) ,
Decentralized Autonomous Organization (DAO) ,
Decentralized Finance (DeFi) ,
Default Judgment ,
Digital Assets ,
Enforcement ,
Ethereum ,
Investigations ,
Settlement ,
Stablecoins ,
Swap Execution Facilities
On July 12, 2023, U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-N.Y.) proposed a revised version of their previously introduced crypto regulation bill to create better safeguards for the crypto industry...more
8/8/2023
/ Anti-Money Laundering ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Autonomous Organization (DAO) ,
Digital Assets ,
Enforcement Authority ,
Federal Trade Commission (FTC) ,
FinCEN ,
New Regulations ,
Non-Fungible Tokens (NFTs) ,
Notice Requirements ,
Proposed Legislation ,
Risk Management
On September 22, 2022, the CFTC announced an order simultaneously filing and settling charges against bZeroX, LLC (“bZeroX”) and its creators for illegally offering leveraged and margined retail commodity transactions in...more