On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset derivative exchanges. The commission has urged digital asset intermediaries in similar situations to report their activities to the […]
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Update (Oct. 23, 6:27 pm UTC): This article has been updated to include a response from Tether.Senator Richard Blumenthal has requested information from Tether CEO Paolo Ardoino after...
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