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Former FTX Executive Nishad Singh to Forfeit $6.7 Million in CFTC Deal
The Commodity Futures Trading Commission (CFTC) has finalized a settlement agreement with Nishad Singh, the former director of engineering at the defunct cryptocurrency exchange FTX. As part of the regulatory enforcemen…
CFTC Launches Innovation Task Force to Regulate Crypto and AI
The U.S. Commodity Futures Trading Commission (CFTC) has officially announced the formation of a specialized Innovation Task Force, a strategic initiative designed to modernize the oversight of the American derivatives …
SEC and CFTC Define New Compliance Framework for Crypto Fundraising
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a landmark joint document, Interpretive Release 33-11412, providing much-needed regulatory clarity for th…
US Bipartisan Bill Aims to Ban Sports Betting on Prediction Markets
Bipartisan lawmakers in the United States have introduced a legislative proposal to prohibit federally regulated prediction markets from offering contracts based on sporting events. The bill, led by Senator Adam Schiff …