CFTC

The SEC has approved eight spot Ether ETFs, marking a significant development following speculation that ETH might be classified as a security. This approval comes just months after the SEC granted similar approval for spot Bitcoin ETFs.

Despite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.

The U.S. Securities and Exchange Commission (SEC) stated that the crypto market is rife with fraud and investors aren't receiving critical information disclosures. The Chairman of the Commodity Futures Trading Commission (CFTC) warned that a new enforcement cycle will emerge within two years.

The company cautioned that a potential reversal by the SEC of its stance, maintained since 2018, regarding Ether's classification as a security, could have dire consequences for the network, potentially stifling innovation within the US.

Yi He, co-founder of Binance and the mother of his children, underscores the importance of stability while addressing CZ's legal situation as his sentencing in the US draws near.

Kalshi introduces dollar-denominated crypto betting markets amid rising interest. Positioned within a regulated framework, it bridges crypto and prediction markets. Challenges include regulatory hurdles and competition, yet it aims to cater to evolving trader demands.

Binance introduces a VIP program for traditional traders amid growing competition and regulatory issues in crypto. Users can gain VIP status based on combined trading volumes from both crypto and traditional assets. The program offers reduced fees and exclusive perks. Despite regulatory challenges, Binance aims to cater to increasing demand for cryptocurrencies, as reflected in Binance Coin's market performance aligning with Bitcoin's surge.

Steve Christie returns as DCCO to Binance, strategizing compliance amidst heavy U.S. regulatory settlements and industry challenges.

Bloomberg analyst James Seyffart suggests the SEC is subtly recognizing Ethereum as a commodity, hinted by the approval of Ethereum futures ETFs, potentially signaling a departure from its previous security classification.

U.S. Court imposes heavy penalties on Binance and CEO Zhao for regulatory violations, mandating strict compliance measures.