Sen. Cynthia Lummis, R-Wyo., an outspoken policymaker on digital asset issues, cast doubt on legislation that would give the Commodity Futures Trading Commission more power over crypto markets.
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Kraken agreed to a $362,000 settlement after voluntarily disclosing the violations.
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EU tax experts are calling for tougher rules on crypto assets, as the European Commission is expected to pick up draft tax proposals in December.
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House lawmakers will hold an FTX hearing in December.
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The European Central Bank’s Christine Lagarde said that the collapse of FTX emphasizes the need for more rules around the digital asset industry, reiterating her call for more crypto legislation beyond MiCA.
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The CFTC chair defends legislation he’s asked Congress for, which also had the backing of embattled crypto mogul Sam Bankman-Fried.
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Crypto Twitter has made a parody of the idea that wrapped ether might be in trouble. Here’s why there’s no need for alarm.
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Crypto firm BlockFi files for bankruptcy after FTX collapse.
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