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Financial Regulation

Tennessee Couple Ordered to Pay $6.8 Million for ‘Blessings of God Thru Crypto’ Investment Fraud

A Tennessee couple has been ordered to pay over $6.8 million in penalties and restitution after operating a fraudulent cryptocurrency investment scheme marketed as...

SEC Commissioner Hester Peirce Outlines Crypto Policy Priorities Amid NFT Speculation

SEC Commissioner Hester Peirce has clarified her stance on future involvement with non-fungible tokens (NFTs) following her tenure at the regulatory agency. While previously...

CFTC Expands Global Markets Advisory Committee with Prominent Crypto Industry Leaders

The Commodity Futures Trading Commission (CFTC) has announced the appointment of several distinguished cryptocurrency industry leaders to its Global Markets Advisory Committee (GMAC) and...

Kalshi Prediction Markets Hit $1B Monthly Volume Amid Regulatory Scrutiny

Kalshi, a leading prediction market platform, is reporting a significant surge in trading activity, with monthly volumes now exceeding $1 billion. This growth comes...

UK FCA Explores Flexible Regulatory Approach for Crypto Firms: Consumer Duty Under Review

The UK Financial Conduct Authority (FCA) is actively evaluating the applicability of its Consumer Duty framework to cryptocurrency businesses, signaling a potential shift toward...

Kalshi Challenges Massachusetts Legal Action, Defends Prediction Market Innovation

Prediction market platform Kalshi has publicly stated its readiness to legally challenge a lawsuit filed by the state of Massachusetts, asserting that the regulatory...

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