Regulations
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex
Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer went missing.
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep
The U.S. derivatives markets regulator targeted three companies, including one from which the CFTC hired a lawyer who ran its technology research division.
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
Commissioner Caroline Pham is outlining a “time-limited” program to start allowing regulated crypto markets and tokenization, an approach she says has precedents.
SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator
Sen. Bill Hagerty, a Republican on the Senate Banking Committee, says the panel should be digging into the interactions between the securities regulator and the digital assets sector.
U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.
Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg
Ryan Salame was co-CEO of FTX Digital Markets and handled political donations for the crypto exchange.
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
IOSCO worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Blanket Crypto Bans Won’t Work, IMF and FSB Warn in Joint Paper
The global standard-setters also warned stablecoins adopted by multiple jurisdictions "may transmit volatility more abruptly" than other crypto.
Cboe's BZX Exchange Files to Launch Ark 21Shares, VanEck Spot Ether ETFs
If approved, these would be the first spot ether ETFs in the U.S.
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis claims DCG owes it $500 million from one set of loans, alongside another 4,550 BTC owed from DCG International.
