CFTC resolves enforcement action against Celsius founder Alexander Mashinsky with permanent trading ban

The settlement ensures that convicted Celsius founder Alex Mashinsky is unable to trade in CFTC markets or register with the regulator.

Nearly three years after Celsius unraveled, the CFTC has closed its civil enforcement case against founder Alexander Mashinsky with a federal consent order imposing permanent trading and registration bans. The decision marks another chapter in the fallout from a crypto lender that regulators alleged attracted about $20 billion in customer funds through misleading claims about […]

Harmonizing swap data reporting could reduce compliance costs and complexity, fostering a more efficient and transparent derivatives market. The post SEC and CFTC seek public comment to streamline swap data reporting appeared first on Crypto Briefing.

CME Group is preparing to sue the CFTC over perpetual futures approvals, escalating a fight over crypto derivatives and retail trading rules.

The world's largest derivatives exchange is taking the CFTC to court over its decision to greenlight perpetual futures in the U.S.

CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg, the derivatives exchange sued the CFTC…

The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency “futures” as “swaps,” posing risks to derivatives markets.

The lawsuit could reshape US regulatory standards for derivatives, impacting market dynamics and compliance costs for crypto trading platforms. The post CME Group sues CFTC over approval of perpetual futures in the US appeared first on Crypto Briefing.