Category News BTS

CFTC Chair Resigns January 20, Warns of Crypto Market Gaps

Rostin Behnam, the chair of the U.S. Commodity Futures Trading Commission (CFTC), has revealed that he will step down on January 20, referencing incomplete regulatory frameworks for cryptocurrencies in the United States and warning that large segments of the market…

Michael Barr Leaves Fed Role, Crypto Industry Optimistic

Michael Barr, the Federal Reserve’s Vice Chair for Supervision, resigned on Monday, sparking a positive reaction from crypto advocates who see this as a chance for more crypto-friendly policies. Barr announced he will step down from his leadership role on…

Gemini Settles $5M CFTC Case on Bitcoin Futures Statements

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, reached an agreement on January 6 to pay a $5 million civil penalty, resolving a lawsuit brought by the Commodity Futures Trading Commission (CFTC) over alleged misleading statements. The agreement,…