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SEC, CFTC Chiefs Quash Merger Speculation, Combat Market Anxiety
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SEC, CFTC Chiefs Quash Merger Speculation, Combat Market Anxiety

The nation's top financial regulators delivered a resounding rejection of consolidation rumors Monday, as Securities and Exchange Commission Chair Paul Atkins and acting Commodity Futures Trading Commission Chair Caroline Pham sought to calm mounting speculation about a potential agency merger that has rattled cryptocurrency markets for weeks.

Mike Selig Appointed as New CFTC Chair Amid Crypto Focus
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Mike Selig Appointed as New CFTC Chair Amid Crypto Focus

Mike Selig, former SEC Crypto Task Force leader, has been appointed by President Trump as the new CFTC Chair, marking a pivotal shift in U.S. crypto regulations.

Kalshi Challenges New York Over Sports Prediction Market Regulations
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Kalshi Challenges New York Over Sports Prediction Market Regulations

Kalshi files a lawsuit against New York, arguing federal authority over derivatives preempts state gambling laws, challenging the shutdown of its sports prediction markets.

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
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What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.

CFTC Commissioner Questions VCs' Due Diligence
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CFTC Commissioner Questions VCs' Due Diligence

Investor due diligence in the failing crypto-exchange FTX has sparked concerns from the Commodity Futures Trading Commission (CFTCP). VCs had to write down their multimillion-dollar investments to practically nothing, raising "serious doubts" about their responsibility.

U.S. District Judge Kevin Castel Grants Request to Defer civil cases
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U.S. District Judge Kevin Castel Grants Request to Defer civil cases

On Feb. 13, Manhattan District Judge Kevin Castel granted the applications to suspend the civil proceedings "without prejudice" until the DOJ's trial against SBF begins.

Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor
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Crypto Risk Platform Solidus Labs Hires Former CFTC Commissioner Dawn Stump as Strategic Advisor

Solidus Labs seeks to transform financial risk monitoring. Dawn Stump will help solidus Labs pursue its mission to enable a safe and regulated crypto market.

The Number of Crypto-Related Enforcement Actions in the United States Grows
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The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives
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US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications.

LedgerX Co-Founders Put on Leave Following US CFTC Scrutiny
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LedgerX Co-Founders Put on Leave Following US CFTC Scrutiny

Ledger Holdings face trouble surrounding Bitcoin Futures trading markets. The CFTC has come forward to make it clear that any trading in the USA must be certified and then released to the public.

FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'
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FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'

FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.

Binance Crypto Withdrawals Spike Before CFTC Accusations
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Binance Crypto Withdrawals Spike Before CFTC Accusations

Almost a billion dollars in cryptocurrency was withdrawn from Binance shortly before the US CFTC accused the exchange of regulatory violations. The total amount withdrawn from multiple platforms in the 12 hours preceding the indictment was almost $1.5 billion, with over half of that amount coming from Binance. Despite the withdrawals, Binance still holds over $63 billion worth of cryptocurrency assets.

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