CME Group Sues CFTC Over Perpetual Futures Approval

The US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform.

State-level regulation of prediction markets could reshape the industry, challenging platforms to navigate diverse legal frameworks and consumer protections. The post California, Minnesota AGs question CFTC’s ability to regulate prediction markets appeared first on Crypto Briefing.

CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit.

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.

The permanent trading ban on Mashinsky underscores the increasing regulatory scrutiny and accountability in the crypto industry, deterring future misconduct. The post CFTC resolves enforcement action against Celsius founder Alexander Mashinsky with permanent trading ban 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.