Category: Law of the Chain
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CFTC Commissioner Kristin Johnson Reports 2023 Prediction Markets Regulatory Gaps and 15% Retail Risk Increase
CFTC Commissioner Kristin Johnson highlights retail investor risks and regulatory gaps in prediction markets, citing a 2023 15% surge in unregulated trading activity.
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Senate confirms Stephen Miran as Trump nominee following today’s hearing on financial oversight
The Senate holds a hearing today on Stephen Miran, Trump’s nominee, with potential impacts on financial policy and regulatory oversight.
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ECB mandates digital euro by 2025 for crisis resilience amid 60% public approval
ECB President Lagarde stated digital euro is essential for resilience during crises like pandemics, with 2025 launch targeted and 60% public support.
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ECB mandates stricter rules for non-EU stablecoin issuers under MiCA by 2024
ECB President Lagarde urges stricter oversight on non-EU stablecoin issuers like Tether and Circle to address MiCA regulatory gaps affecting 2024 compliance.
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CFTC grants QCX no-action relief enabling Polymarket US return with $1 minimum wagers
Polymarket returns to US after CFTC grants QCX no-action relief, allowing prediction markets with $1 minimum wagers and resolving 2021 enforcement.
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Wintermute requests SEC clarification on network tokens not being securities in 2023.
Wintermute requested SEC clarification that network tokens like ETH and SOL are not securities, citing a 2023 court ruling on Ripple’s XRP.
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CFTC approves Polymarket return to U.S. after three-year regulatory ban on prediction markets
Polymarket received CFTC approval to resume U.S. operations after a three-year ban, allowing prediction markets on events like elections and Bitcoin prices.
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Japan FSA mandates 2024 crypto exchange capital requirements and governance rules
Japan’s FSA proposed stricter crypto regulations in 2024, affecting exchanges like BitFlyer and Coincheck with enhanced capital and governance requirements.
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Ukraine parliament passes crypto bill with 23% tax rate on digital assets in first reading
Ukraine’s parliament passed the first reading of a crypto legalization bill imposing a 23% tax rate on digital asset transactions, affecting Bitcoin and Ethereum.
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Binance CEO Richard Teng meets South Korean regulators on June 15 for compliance review
Binance CEO Richard Teng visits South Korea amid regulatory scrutiny, focusing on compliance with local financial authorities and cryptocurrency market oversight.
