Court Appeals overturns CFTC win against Monex — Opens wide gate for precious metals dealers
judges ruled Monex’s financed gold silver transactions fall outside CFTC jurisdiction — Ruling weakens Washington’s reach over similar leveraged products sold online
WASHINGTON — The CFTC lost its seven-year-old war waged<|eos|>
Chinese Creditor Battles FTX’s Global Payout Freeze A Chinese creditor has fired back at FTX’s latest bankruptcy maneuver, challenging the exchange’s motion to halt payouts to users in restricted countries like China. This clash threatens to delay billions in repayments for thousands of victims worldwide. For investors still holding out hope, it’s a stark reminder…
Tokenized Stocks Take Next Step With First On-Chain Vote for Galaxy Shareholders The prompt did not include any raw content in the “Description” field, so there are no details available to write a fact-based news story about what happened, who was involved, how the vote worked, or what the outcome was. To produce a clean,…
CFTC Fights SEC in Epic Turf War Over Kraft Swaps The Seventh Circuit just slapped down the CFTC’s bold bid to seize control of a $100 million Kraft Foods derivatives dispute from the SEC, ruling the agency overstepped its mandamus powers. This procedural smackdown keeps the case parked in SEC hands, signaling courts won’t let…
US Treasury’s GENIUS Act Targets Stablecoins with Harsh AML Crackdown US Treasury just dropped proposed rules under the GENIUS Act, forcing stablecoin issuers to build ironclad anti-money laundering (AML) and counter-terrorism financing (CFT) programs. They must now actively block, freeze, and reject suspicious transactions— a direct strike at illicit finance flowing through crypto’s backbone. Investors,…
US Debt Hits $36.6T as Recession Fears Threaten Bitcoin’s $95K Plunge Bitcoin surged to fresh all-time highs today, riding waves of optimism amid broader market euphoria. But America’s national debt just ballooned to a staggering $36.6 trillion, paired with weakening housing data flashing recession red flags. Investors now brace for a potential BTC crash back…
Bitcoin Has Years to Prepare for Quantum Threat, Bernstein Says Bitcoin is not facing an immediate existential threat from quantum computers, according to Bernstein analysts who argue the network still has three to five years before meaningful quantum risk emerges. The warning centers on older wallets and exposed public keys rather than the protocol itself,…
