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CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Miljon, Shuts Down Noncompliant Markets

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USA. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 miljonit. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online…

100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation

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Rohkem kui 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and…

Ühendkuningriik keelab Papa John’s Pizza krüptoreklaamid, Mündi alus, Etoro, kuu, Kraken

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The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Mündi alus, Kraken, Etoro, and Luno. The authority says the ads are “misleading” ja “irresponsibly taking advantage of consumers’ inexperience.” 7 Crypto Ads Banned by UK Authority…

Onecoini ohvrid esitavad Bulgaariale avalduse varade arestimise ja hüvitise saamiseks

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A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional…

CFTC trahvib Stablecoin Issuer Tether ja Crypto Exchange Bitfinex $42.5 Miljon

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Reedel, oktoober 15, 2021, USA. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 miljonit. The CFTC accuses Tether of…

St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation

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St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as…

Former Monero Developer Spagni Released From US Prison, Pledges to Address Fraud Allegations

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Former Monero developer Riccardo Spagni has been released from a U.S. prison where he reportedly spent “sixty-one days in solitary confinement.” The developer’s release was prompted by the failure of South African authorities “to make a timely submission in support of…

US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison

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The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 miljonit. The Department of Justice (DOJ) ütles…