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The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order against Gemini Trust Company LLC, a New York trust company. The order includes a permanent injunction, and finds Gemini violated the CEA and made materially false or misleading statements or omissions to the ...
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In December 2024, Federal Reserve Chairman Jerome Powell addressed the possibility of a favorable regulatory environment for Bitcoin following Trump’s arrival. During a press conference, Powell stated that the central bank's internal regulations prohibit holding Bitcoin and that any changes to this policy would require congressional approval. This directly ...