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CFTC Focuses on DeFi Platforms in Latest US Crypto Crackdown

From bnnbloomberg.ca

The US Commodity Futures Trading Commission brought enforcement actions against three decentralized finance firms and signaled that more may be coming. The CFTC alleged on Thursday that the companies Opyn Inc., ZeroEx Inc. and Deridex Inc. broke the agency’s rules by illegally allowing US customers to trade digital-asset derivatives without registering. The regulator ordered the firms to cease and desist from violating CFTC rules and required them to pay civil penalties of $250,000, $200,000, and $100,000, respectively. None of the three companies admitted or denied the regulator’s allegations as part of their ... (full story)

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  • Category: Fundamental Analysis