The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has once again reaffirmed the agency’s position that stablecoins should be classified as commodities and placed under it...
Tag: Jurisdiction
CFTC head says stablecoins are in agency’s jurisdiction without ‘clear direction from Congress’
The head of the Commodity Futures Trading Commission views most stablecoins as commodities, barring new law that could change their classification. “Not withstanding that, they are a commo...
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos – Regulation Bitcoin News
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, My...
Fedorov Desires “Ukraine to Be World Leading Jurisdiction for Crypto”
2 hours ago | 2 mins read Editors News Mikhail Fedorov desires to be the first user of the planned CBDC. Legislation governing virtual assets was signed in Ukraine last year. Mikhail Fedorov, Vice Pri...
FTX Bankruptcy Jurisdiction Fight: Bahamas Regulators Now Confirm They Directed SBF to Move Assets
At least some of the millions of dollars in FTX customer funds mysteriously moved off the exchange last week were moved at the direction of regulators in the Bahamas. That assertion was made in a new ...
Coinbase ‘Very Supportive’ of Giving CFTC Exclusive Jurisdiction Over Bitcoin, Ethereum
Talk of crypto policy in the U.S. tends to revolve around rumblings from the Securities and Exchange Commission and taxes. But there are two bills in Congress that have largely flown under the radar, ...
XRP Sales To land Under SEC Jurisdiction?
The US SEC is filing multiple lawsuits over digital assets and related firms in an attempt to extend its jurisdiction over the industry. However, long running Ripple lawsuit has grabbed every expert’s...
SEC Filing Claims to Have Jurisdiction Over Ethereum Nodes
With the US controlling 45% of the total Ethereum nodes, the SEC is claiming complete jurisdictional rights over the entire Ethereum network. While we all know that the Ethereum blockchain network is ...
Wintermute hacked of $160M, SEC claim jurisdiction over Ethereum transactions
The biggest news in the cryptoverse for Sept 20 includes Wintermute losing $160 million to DeFi operation hack, Ethereum developer confirming that Shanghai upgrade will not unlock staked ETH, Experts ...
SEC Charges Crypto Influencer, Appears To Suggest All Ethereum (ETH) Transactions Fall Under US Jurisdiction
The U.S. Securities and Exchange Commission (SEC) is filing charges against crypto influencer Ian Balina for his alleged involvement in the 2018 initial coin offering (ICO) of the SPRK token. In a com...
Experts argue SEC cannot claim jurisdiction over Ethereum transactions
Several experts have disagreed with the U.S. SEC’s claim that it has jurisdiction over Ethereum transactions because there are more ETH nodes in the country than any other. SEC claims jurisdiction ove...
SEC lawsuit claims jurisdiction as ETH nodes are ‘clustered’ in the US
The United States Securities Exchange Commission (SEC) has made an unprecedented claim that Ethereum transactions take place in the United States as Ethereum nodes are “clustered more densely” in the ...
ETH Up 4% Despite the SEC Claiming Jurisdiction on Ethereum Transactions
The world’s second-largest cryptocurrency Ethereum (ETH) has shown a 4% price jump in the last 24 hours despite a controversial claim by the SEC over Ethereum transactions. On Monday, September 19, th...
SEC Makes Bizarre Claim About U.S. Jurisdiction Over Ethereum in Court Filing
Key Takeaways The SEC is suing crypto YouTuber Ian Balina for making undisclosed promotions of an Ethereum-based ICO-era crypto project, Sparkster. In its filing the SEC claimed that Ethereum transact...
Congress will likely decide the fate of crypto jurisdiction — Lummis staffer
A United States Senator Cynthia Lummis staffer believes that United States Congress will have to step in and resolve the dispute between the Securities and Exchange Commission (SEC) and the Commodity ...
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market – Regulation Bitcoin News
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodi...
SEC Chair Gary Gensler Says Crypto Lending Firms Fall Under Agency’s Jurisdiction
U.S Securities and Exchange Commission (SEC) Chair Gary Gensler says crypto lending firms fall under the dominion of the regulatory agency. In a new interview with CNBC, Gensler says the way digital a...
Cardano Founder Charles Hoskinson Criticize SEC Cracking Down on Companies Outside Its Jurisdiction
– Advertisement – Charles Hoskinson, the creator of Cardano, comments on the unfairness of the SEC. During the hearing on Tuesday, the Director of Enforcement for the SEC, Gurbir Grewal,...
SEC unethically going after crypto companies outside of its jurisdiction
The Securities and Exchange Commission (SEC), along with its chairman Gary Gensler, were lambasted during the House Committee on Financial Services on Tuesday by Republican Senator Tom Emmer. He accus...
Celsius Surrounded by 4 Separate Jurisdiction Regulators Amid Insolvency
Bitcoin News The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating...
Stablecoins May Not Be Part of SEC’s Jurisdiction, Commissioner Peirce Says
The recent havoc in the crypto market wreaked by Terra’s collapse has put stablecoins under the spotlight again. As of now, the next move by America’s top financial watchdog (the Securities and Exchan...
Bitcoin Falls Under The Jurisdiction Of The CFTC
Advertisement     On Wednesday, Gary Gensler suggested that Bitcoin is a commodity token that would fall under the jurisdiction of the Commodity Futures Trading Commis...
How could On-chain Forensics solve crypto jurisdiction issues?
Increasing adoption of crypto and blockchain tech demands risk assessments and securities at the same extent as sometimes the value at stake is too high Since the emergence of cryptocurrencies and blo...