CFTC issues ‘no-action’ letter for crypto wallet provider Phantom
The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker.
The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker.
Original source
Read on CointelegraphRelated market context
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
Hungary Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn
Bitcoin Magazine Hungary Backs Away From Bitcoin and Crypto Criminalization in Regulatory U-Turn Hungary is dismantling the restri...
Hungary Decriminalises Crypto Trading, CFTC Proposes Prediction Market Rules, and AI Model Jailbroken in 48 Hours
Hungary reverses crypto restrictions, CFTC proposes prediction market rules, and an AI model is jailbroken in 48 hours. Key regula...
Tether blacklists wallet linked to $120M USDT transfer, freezes $72M
Tether's frequent fund freezes highlight the centralized control over USDT, raising concerns about asset accessibility and regulat...
Warren questions SpaceX IPO oversight in letter to exchanges as tokenized shares enter crypto markets
Warren's scrutiny of SpaceX's IPO highlights potential risks in market integrity and investor protection, impacting future IPO reg...