On April 9, 2025, the Markets Participants Division and the Division of Market Oversight (collectively, the “Divisions”) of the Commodity Futures Trading Commission (the “CFTC”) published a Staff Letter (the “Staff Letter”)...more
On February 6, 2025, the SEC announced that it was providing a temporary exemption from compliance with Rule 13f-2 under the Securities Exchange Act of 1934 (the “Exchange Act”), which establishes a mandatory short reporting...more
Binance is the latest major crypto industry player to be sued by a U.S. regulator. On March 27, 2023, the CFTC announced that it had filed a civil enforcement action against Binance Holdings Limited (and related legal...more
4/7/2023
/ CFTC ,
Civil Monetary Penalty ,
Commodities-Backed Swap ,
Commodity Exchange Act (CEA) ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Derivatives ,
Digital Assets ,
Disgorgement ,
Enforcement Actions ,
Financial Services Industry ,
Injunctions
On January 3, 2022, the Commodity Futures Trading Commission (the “CFTC”) entered an order charging Blockratize, Inc. (d/b/a Polymarket.com) (“Polymarket”) with offering off-exchange binary options contracts and failing to...more
1/21/2022
/ Blockchain ,
Cease and Desist Orders ,
CFTC ,
Civil Monetary Penalty ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Financial Services Industry ,
Popular ,
Registration Requirement ,
Regulatory Requirements ,
Smart Contracts ,
Statutory Violations ,
Swaps ,
Trading Platforms