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.
 Kikyo
KikyoU.S. Court imposes heavy penalties on Binance and CEO Zhao for regulatory violations, mandating strict compliance measures.
 Kikyo
Kikyo JinseFinance
JinseFinanceBinance has responded to the U.S. Commodity Futures Trading Commission (CFTC) in a court filing, asserting that the CFTC's attempt to regulate global cryptocurrency activities goes beyond its jurisdiction.
 Jasper
JasperLegal 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."
 Kikyo
KikyoBinance, the world's largest cryptocurrency exchange by volume, is no stranger to tussles with regulators around the world.
 decrypt
decryptCFTC Commissioner Summer Mersinger said in a fireside chat at the DC Blockchain Summit that Congress must unite crypto regulators.
 Beincrypto
BeincryptoThe CFTC has formally filed complaint charges against Sam Bankman-Fried, FTX and Alameda.
 Beincrypto
BeincryptoCommissioner Kristin N. Johnson said that the regulator is monitoring crypto clearinghouse LedgerX on a “daily if not hourly basis.”
 Others
OthersCommissioner Christy Goldsmith Romero says the agency needs a new way of categorizing investors as it prepares for new digital-assets oversight.
 Coindesk
Coindesk“We don’t necessarily seek more power without more resources,” Dan Berkovitz said of the crypto market.
 Cointelegraph
Cointelegraph