In a recent discussion on Fox Business, Cantor Fitzgerald CEO Howard Lutnick put forth a compelling argument advocating for the regulatory recognition of Bitcoin (BTC) as a commodity, akin to gold and oil. Lutnick’s insights come at a time when the digital asset landscape is evolving rapidly, yet regulatory frameworks appear to lag behind. His
Regulation
In a significant move aimed at reinforcing its position as a premier international financial hub, Hong Kong’s financial regulators are set to implement a standardized over-the-counter (OTC) derivatives reporting framework, including provisions for crypto derivatives. On September 29, 2025, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) will commence the
Cynthia Lummis, a Senator from Wyoming, has sparked a conversation surrounding the potential departure of Gary Gensler from his position as Chairman of the Securities and Exchange Commission (SEC). During a segment on CNBC’s Squawk Box on September 27, Lummis expressed skepticism regarding claims that Gensler enjoys his role and plans to remain in office.
In a notable move on September 27, 2023, the U.S. Securities and Exchange Commission (SEC) settled its charges against the decentralized autonomous organization (DAO) known as Mango Markets, alongside the Blockworks Foundation. This settlement arose in the aftermath of a significant exploit that plagued the Mango Markets platform in 2022, resulting in a staggering loss
The cryptocurrency landscape has always been riddled with ambiguity, particularly concerning regulatory frameworks and the legal status of various protocols. The recent ruling by Judge Katherine Polk Failla in the Southern District of New York has added a new layer of complexity. On September 26, 2023, Judge Failla declared that software code utilized in cryptocurrency
In a recent statement, Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), provided crucial insight into Bitcoin’s regulatory status, asserting that it is not classified as a security. This declaration, made during an interview on CNBC’s Squawk Box on September 26, echoes sentiments expressed by his predecessors and emphasizes that Bitcoin continues
As the cryptocurrency market continues to evolve, so does the need for robust regulatory frameworks to protect investors and ensure the integrity of financial markets. Recently, the Australian Securities and Investments Commission (ASIC) announced its plan to establish a licensing regime aimed at crypto service providers. Set against the backdrop of increasing fraudulent activities in
The landscape of digital currencies, particularly stablecoins, is undergoing a pivotal moment as congressional leaders strive to establish regulatory frameworks. With calls for bipartisan consensus echoing from key figures, the urgency for comprehensive legislation on stablecoins is palpable. Central to this dialogue is Congresswoman Maxine Waters, who has emerged as a crucial advocate for a
Sygnum, the renowned Swiss cryptocurrency banking group, has taken a pivotal step in its growth strategy by acquiring a crypto license in Liechtenstein through its subsidiary, Sygnum Europe AG. This recent development, announced on September 23, reveals the firm’s registration with the Financial Market Authority (FMA) of Liechtenstein as a service provider under the Token
The financial landscape is undergoing significant transformation, particularly within the realm of decentralized finance (DeFi). Former President Donald Trump’s venture, World Liberty Financial, seeks to carve out a niche in this burgeoning sector. However, recent remarks by SEC Commissioner Mark Uyeda suggest that this project will not easily sidestep the rigorous and often opaque regulatory