Uniswap Labs Settles CFTC Charges Over ‘Illegal’ Margin Products
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
CFTC
Dragonfly, Crypto.com Weigh in on CFTC’s Proposed Prediction Market Rules
Both parties argue the CFTC’s move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent ‘Chevron’ court ruling limits its power.
Crypto Can’t Be Regulated by Current US Regulators
Alexandra Damsker, author of “Understanding DeFi,” argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.
The Unintended Consequences of FIT21’s Crypto Market Structure Bill
(Andy Feliciotti/Unsplash, modified by CoinDesk)
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time.
Democrat House Leadership Says Crypto Bill Vote Won’t Be Whipped
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.
DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says
The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said.
Mango Markets Faces Regulatory ‘Inquiry’ Ahead of Eisenberg Crypto Fraud Trial
The decentralized crypto exchange (DEX) is facing “inquiries” in the United States stemming from an October 2022 heist, according to posts in the project’s Discord server. Now the DEX’s governing body, called MangoDAO, is voting on whether to appoint a representative who can triage “U.S. regulatory matters” on its behalf.
CFTC Pushes FTX-Inspired Rule to Protect Customers’ Money
(Jesse Hamilton/CoinDesk)