CFTC Triumphs in Legal Battle Against Binance
U.S. Court imposes heavy penalties on Binance and CEO Zhao for regulatory violations, mandating strict compliance measures.
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U.S. Court imposes heavy penalties on Binance and CEO Zhao for regulatory violations, mandating strict compliance measures.
Legal counsel representing Binance and CZ contended that the CFTC's legal actions could be interpreted as an effort to assume a role akin to the "world’s derivatives police."
This development underscores the increasing regulatory scrutiny and legal actions in the cryptocurrency industry.
Chairman Rostin Benham has suggested that Binance knowingly ignored regulations.
Binance, the world's largest cryptocurrency exchange by volume, is no stranger to tussles with regulators around the world.
Yesterday, Monday, October 24, the Rutgers Center for Corporate Law and Governance, the Wall Street Blockchain Alliance, and Lowenstein Sandler ...
Commissioner Christy Goldsmith Romero says the agency needs a new way of categorizing investors as it prepares for new digital-assets oversight.
The lawsuit against Gemini is not about an exchange-traded fund, it’s about how a particular Bitcoin futures contract is being represented.
“We don’t necessarily seek more power without more resources,” Dan Berkovitz said of the crypto market.