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CFTC Pays $1M to Whistleblower in Digital Asset Case

CFTC Pays M to Whistleblower in Digital Asset CaseThe Commodity Futures Trading Commission paid a $1 million whistleblower award for information leading to an enforcement action in digital asset markets. CFTC Enforcement Director Ian McGinley said whistleblower tips are increasingly crucial as more Americans fall victim to digital asset scams. Digital Asset Cases Dominate CFTC Docket The Commodity Futures Trading Commission (CFTC) announced […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry

NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto IndustryOn Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial regulator stressed that businesses should not commingle customer funds and that customer funds should be segregated with separate accounting. FTX Collapse Prompts NYDFS to Issue […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

British Fintech Revolut Granted Crypto License in Cyprus

British Fintech Revolut Granted Crypto License in CyprusU.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services for Europeans From Cyprus A leader in the neobank […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership