DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Blockchain Cryptonews

CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown

The U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivati...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown
The U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading.
According to an official statement released on Thursday, these allegations stem from the utilization of blockchain-based protocols and smart contracts by the three firms to function as trading platforms, a practice that the CFTC deems unlawful. ...
Read More: CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context