Bitcoin ETF options expected by Q1 2025: Bloomberg analyst

October 9, 2024 Coin Telegraph

Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless.

Options on Bitcoin (BTC) exchange-traded funds (ETFs) are likely to launch in the United States by the first quarter of 2025, according to James Seyffart, a Bloomberg Intelligence analyst.

“I think before the end of the year is possible for options, but more likely in Q1 2025,” Seyffart said during an Oct. 9 panel discussion at the Permissionless conference.

In September, the US Securities and Exchange Commission (SEC) authorized Nasdaq to list options tied to BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT).

Okx Exchange Receives MiCA Pre-Authorization

Crypto.com’s US exchange lists 4 memecoin derivatives

October 8, 2024 Coin Telegraph

Bonk

Traders can now hedge exposure to memecoins including PEPE and FLOKI.

Crypto.com’s North American derivatives exchange, Nadex, has listed derivatives contracts tied to memecoins including PEPE and FLOKI, according to Oct. 7 filings with the United States Commodity Futures Trading Commission (CFTC).

Nadex has also listed derivatives products tied to Dogelon Mars (ELON) and BONK, according to the filings.

The combined market capitalization of the four memecoins underlying Nadex’s contracts is nearly $7 billion, according to CoinMarketCap.

Okx Exchange Receives MiCA Pre-Authorization

SEC Flags Risks in Crypto and Emerging Tech Investment Scams

October 8, 2024 Bitcoin.com

The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, […]

Okx Exchange Receives MiCA Pre-Authorization

Prediction markets like Polymarket a ‘public good,’ more accurate than polls

October 7, 2024 Coin Telegraph

Betting

While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.

Despite recent confrontations with regulators, election markets can provide more accurate insights into public sentiment than polls, according to industry observers.

In May 2024, the United States Commodity Futures Trading Commission (CFTC) proposed a rule to ban derivatives used to bet on the outcome of US elections and other major real-world events.

The CFTC’s proposal drove US-based regulated prediction market platform Kalshi to take the commission to court. Columbia District Judge Jia Cobb rejected the CFTCs proposal, stating that “Kalshi’s contracts do not involve unlawful activity or gaming. They involve elections, which are neither.”

Okx Exchange Receives MiCA Pre-Authorization

Coinbase urges court to reconsider appeal, cites SEC vs Ripple

October 5, 2024 Coin Telegraph

CFTC

The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.

Attorneys for Coinbase urged Southern District of New York judge Katherine Failla to reconsider an interlocutory appeal filed on behalf of the exchange in April 2024 — citing the Securities and Exchange Commission's (SEC) recent notice of appeal in the Ripple lawsuit.

According to an Oct. 5 letter, lawyers for Coinbase argued that the SEC's appeal is an admission that the criteria listed in the regulator's Howey Test — a set of conditions that must all be fulfilled to classify a financial instrument as a security — were ambiguous and warranted closer examination.

Lawyers for Coinbase send letter to court urging approval of an interlocutory appeal first filed in April 2024. Source: Eleanor Terrett.

Okx Exchange Receives MiCA Pre-Authorization

CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans

September 29, 2024 Bitcoin.com

CFTC Sues Over .6M Digital Asset Fraud Targeting Asian Americans

Aipu Ltd.

The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures. Instead, the funds were misappropriated and diverted […]

Okx Exchange Receives MiCA Pre-Authorization

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

September 26, 2024 Bitcoin.com

biden-harris

Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience […]

Okx Exchange Receives MiCA Pre-Authorization

CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded

September 23, 2024 Coin Telegraph

CFTC

Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.

The United States Commodity Futures Trading Commission (CFTC) announced during a July 17 discussion at Georgetown Psaros Center for Financial Markets and Policy that it is closely watching Polymarket and other offshore crypto betting platforms.

CFTC Chair Rostin Behnam stated that the commission was “observing any activity” occurring offshore and providing “exposure to US customers.”

Behnam explained that the concern is ensuring that Polymarket and others carry out services “legally and within the bounds of the law.”

Okx Exchange Receives MiCA Pre-Authorization

US Judge Orders Convicted Fraudster To Pay $36,000,000 in Connection to Crypto and Forex Schemes

September 21, 2024 The Daily Hodl

US Judge Orders Convicted Fraudster To Pay ,000,000 in Connection to Crypto and Forex Schemes

CFTC

A US judge this week ordered a convicted fraudster to pay a $5 million civil penalty and $31 million in restitution related to a massive crypto and forex scheme he orchestrated. New York resident William Koo Ichioka kicked off his scheme in 2018 and swindled tens of millions of dollars in investment funds from more […]

The post US Judge Orders Convicted Fraudster To Pay $36,000,000 in Connection to Crypto and Forex Schemes appeared first on The Daily Hodl.

Okx Exchange Receives MiCA Pre-Authorization

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

September 21, 2024 Bitcoin.com

Court Orders New York Man to Pay M for Forex, Digital Asset Fraud

bitcoin.com

William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading […]

CFTC

Share this video