Key Highlights: The CFTC is utilizing Section 2(c)(2)(D) of the Commodity Exchange Act to create a tailored federal framework that offers crypto exchanges regulated access to retail leverage. Platforms opting into the regime must adopt strict compliance standards inspired by FTX’s collapse, including proof of reserves, customer fund segregation, and intermediation via futures commission merchants. ...
Key Highlights The Central Bank of Russia has implemented new oversight measures, establishing professional qualifications and eligibility standards for board members and senior executives at crypto firms. Operating digital asset companies are not automatically registered; they must submit documentation through an application and verification process launched on October 5. The regulatory rollout does not grant ...
Key Highlights The $TRUMP project team has moved an estimated $249 million worth of tokens to cryptocurrency exchanges, representing roughly 8.2% of the overall supply. Despite recent exchange transfers, the team still controls approximately 718 million $TRUMP tokens, or 71.8% of the total supply. At current market rates, the team’s remaining token reserves are valued ...