CFTC

CFTC Fines bZeroX, LLC and Its Founders $250,000 and Charges Its Successor Ooki DAO with Proposed Illegal Off-Exchange Digital Asset Trading, Registration Violations, and Failure to Comply with the Law on bank secrecy

CFTC Fines bZeroX, LLC and Its Founders $250,000 and Charges Its Successor Ooki DAO with Proposed Illegal Off-Exchange Digital Asset Trading, Registration Violations, and Failure to Comply with the Law on bank secrecy

washington d.c. – The Commodity Futures Trading Commission today issued an order concurrently filing and settling the charges against the Respondent bZeroX, LLC (bZeroX) and its founders Tom Bean (Bean) and Kyle Kistner (Kistner) (collectively, the Respondents) for illegally offering leveraged and margined retail commodity transactions on digital assets; engage in activities that only Registered …

CFTC Fines bZeroX, LLC and Its Founders $250,000 and Charges Its Successor Ooki DAO with Proposed Illegal Off-Exchange Digital Asset Trading, Registration Violations, and Failure to Comply with the Law on bank secrecy Read More »

CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities

CFTC Prepares to Strengthen Crypto Market Oversight – Says Many Digital Assets Are Commodities – Regulation Bitcoin News

The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the Digital Consumer Protection Bill becomes law. The regulator claims to have the necessary experience and expertise and believes that “many digital assets constitute commodities”. Meanwhile, SEC Chairman Gary Gensler has insisted that …

CFTC Prepares to Strengthen Crypto Market Oversight – Says Many Digital Assets Are Commodities – Regulation Bitcoin News Read More »