Monday, May 13, 2024

FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator.

source https://www.coindesk.com/policy/2024/05/13/falconx-settles-with-cftc-for-18m-over-failure-to-register-as-futures-commission-merchant/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Senate Banking Committee plans to hold key market structure hearing on Thursday

The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14. source https://www.coindesk.com/po...