NYSE, Cboe Win SEC Approval for Bitcoin ETF Options
The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.
Regulations
U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets, CFTC Says
A federal judge “erred” in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.
Bitfinex Hacker Ilya Lichtenstein Should Serve 5 Years in Prison, DOJ Says
Prosecutors have requested that Ilya “Dutch” Lichtenstein, who pleaded guilty last year to the 2016 hack of crypto exchange Bitfinex, should spend five years behind bars for his crime.
Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.
Coinbase Escalates SEC Fight Over the Agency’s Inside Chatter on ETH
An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission’s unwillingness to produce documents revealing the regulator’s internal thinking on whether to pursue Ethereum’s ether {{ETH}} and other tokens as illegal securities.
Kamala Harris to Back Crypto Reg Framework in Speech Today, Campaign Says
Vice President and Democratic nominee Kamala Harris will announce her support for a regulatory framework for crypto as part of a speech targeting Black Men, her campaign announced Monday morning.
FTX’s Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort
Former FTX executive Ryan Salame, convicted of violating U.S. election laws in his contribution of millions of dollars in the previous congressional elections, has been rebuffed in an 11th-hour attempt to delay his prison sentence to treat a dog bite to his face.
Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach
Bitnomial’s action follows a similar suit filed by Crypto.com on Tuesday.
Binance Executive Tigran Gambaryan Denied Bail in Nigeria
The Binance executive has been detained in Nigeria since February.
OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market
OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.