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CFTC Adviser Chris Perkins Says U.S. Risks Falling Behind in Crypto

Chris Perkins, President of crypto-focused VC CoinFund and adviser to the Commodities and Futures Trade Commission (CFTC), has published a regulatory white paper warning that the US is at risk of falling behind in cryptocurrency.

The Digital Currency Monetary Authority (DCMA) Unveils its Whitepaper for an International Central Bank Digital Currency (CBDC)

CBDCs are legal tender regulated by central banks whereas Universal Monetary Unit is a money commodity regulated by the U.S. Commodities Futures and Trade Commission (CFTC).
The Digital Currency Monetary Authority (DCMA) Unveils its Whitepaper for an International Central Bank Digital Currency (CBDC)

CFTC Chair Says Binance Intentionally Broke Rules Concerning Futures, Commodities

Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), recently spoke out about the allegations levied against Binance, claiming that the beleaguered cryptocurrency exchange’s leadership knowingly operated outside of U.S. laws governing the exchange of commodities and futures. 

Binance Deliberately Broke the Law, Says CFTC Leader

CFTC Chairman Rostin Benham has accused Binance of purposefully breaking regulatory rules, Bloomberg reported.

Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO

Binance CEO Changpeng Zhao has said that regulation, rather than lack of clarity, is a better option for the crypto industry. However, he added that regulation by enforcement is bad.
Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO

CFTC Defines Bitcoin, Ethereum, and USDC as Commodities in Latest Crypto Fraud Case Against Deutsche Bank Investment Banker

The CFTC has filed a civil enforcement action against former Deutsche Bank investment banker Rashawn Russell for digital asset trading fund fraud and misappropriation of investor assets.

Bank of America and Fidelity Hold MicroStrategy Shares, Indicating Institutional Interest in Indirect Bitcoin Exposure

Bank of America and Fidelity held significant numbers of MicroStrategy shares on their balance sheets in the first quarter, suggesting continued institutional interest in indirect bitcoin exposures.

Jane Street, Tower Research and Radix Are Binance’s ‘VIP’ Clients in CFTC Suit: Report

Jane Street Group, Tower Research Capital, and Radix Trading have been identified as Binance's three "VIP" clients in the recent lawsuit filed against Binance by the US commodities regulator. Radix Trading is "Trading Firm A" in the Commodities Futures Trading Commission's (CFTC) suit, while Jane Street was "Trading Firm B" and Tower Research was "Trading Firm C." The firms were examples of US clients allegedly able to access Binance. The CFTC claimed that the "VIP" treatment from Binance actively facilitated violations of US law by helping US trading firms evade Know Your Customer (KYC) compliance standards. Binance has denied the claims of compliance and market manipulation violations.

Binance Suffers 16% Drop in Market Share Amid Banking Crisis and CFTC Lawsuit: Kaiko

Bittrex has closed its U.S. operations, while Coinbase, known for its strong regulatory efforts, received a Wells Notice and saw its market share drop from 60% to 49% in Q1.
Binance Suffers 16% Drop in Market Share Amid Banking Crisis and CFTC Lawsuit: Kaiko

Binance Loses 16% of Market Share After End of Zero Fees on BTC Pairs and Rising Regulation Troubles

Binance has lost a big share of its total trading volumes since ending its zero fees on Bitcoin pairs and in wake of the US Commodity Futures and Trading Commission (CFTC)’s lawsuit against the firm.