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CFTC Crushes Monex in Landmark Crypto Forex Win The Ninth Circuit just handed the CFTC a major victory, upholding a $12 million penalty against Monex for illegally peddling leveraged retail forex to Americans without registration. This ruling expands CFTC turf into crypto-adjacent markets, signaling regulators can chase unregistered digital asset platforms with the same zeal…
MEXC Swaps Leadership to Chase MiCA License and Zero Fees MEXC has installed Vugar Usi as its new CEO and signaled that European regulatory approval under MiCA will be a top priority. The exchange also confirmed it will keep pushing zero-fee trading to defend market share as competition intensifies across both centralized and decentralized venues….
Texas Court Slaps Down Blockchain Firm’s Bid to Dodge SEC Probe Envy Blockchain and its execs just got hammered by a Texas appeals court, denying their desperate plea to block an SEC subpoena in a high-stakes crypto investigation. This mandamus smackdown hands the SEC a win, signaling regulators can dig deep into blockchain ops without…
Chinese Creditor Slams FTX’s Bid to Block Payouts in Restricted Nations A Chinese creditor has fired back at FTX’s latest court motion to freeze repayments to users in sanctioned or restricted countries, escalating the bankrupt exchange’s drawn-out recovery drama. This clash highlights the tension between global creditor rights and U.S. regulatory pressures. For investors still…
SEC Slaps Down in Crypto Securities Case, Hands Win to Exchanges The Supreme Court just gutted a key SEC weapon against crypto firms, ruling 6-3 that the agency’s massive fines for unregistered securities sales can’t be imposed without a jury trial. This stems from a challenge by Coinbase and others, striking at the heart of…
Trump Jr. Backs Thumzup: Social Media Firm Pivots to Bitcoin Treasury Donald Trump Jr. has thrown his weight behind Thumzup Media Corporation, a social media marketing platform that’s boldly converting into a Bitcoin treasury powerhouse. This investment signals elite confidence in BTC as a corporate reserve asset amid rising adoption. For investors, it’s a high-profile…
