SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’

Key TakeawaysHistoric CFTC approval opens the door for regulated bitcoin perpetual trading.Offshore-dominated crypto derivatives markets now have a U.S. regulatory pathway.Additional products could follow as exchanges test the...

Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing...

Key TakeawaysThe CFTC said the Gemini enforcement case would not meet current filing standards.The agency cited disputed evidence, whistleblower credibility concerns, and litigation conduct issues during review.Federal agencies...

Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands...

Key TakeawaysBritain sanctioned crypto exchanges, payment providers, and individuals linked to Russia-focused financial networks.Officials connected the A7 network to military procurement, oil proceeds, and cross-border settlement channels.Stablecoin infrastructure...