It does this through the announcement of a Crypto Task Force by the United States Securities and Exchange Commission that will oversee and enforce regulations in the burgeoning digital asset industry, marking a further shift from case-by-case enforcement actions toward more structured regulatory guidance to protect investors, prevent fraud, and ensure compliance across crypto markets. […]
https://i0.wp.com/bldf.org/wp-content/uploads/2025/02/Untitled-design15.png?fit=950%2C550&ssl=1550950adminhttps://bldf.org/wp-content/uploads/2023/02/Blockchain-Legal-Defense-Fund_D00A_00A-300x119.jpgadmin2025-02-17 16:56:312025-02-17 16:56:31SEC Establishes Crypto Task Force: A New Era for Digital Asset Regulation
President Donald Trump’s nomination of Howard Lutnick, the billionaire chairman and CEO of Cantor Fitzgerald, as the next Secretary of Commerce has ignited a debate over potential conflicts of interest, particularly concerning the cryptocurrency industry. Lutnick’s Financial Entanglements Lutnick’s extensive financial holdings, especially in sectors like cryptocurrency, have raised eyebrows among lawmakers and industry observers. […]
In a landmark deal for the cryptocurrency world, CLS Global FZC LLC, a United Arab Emirates-based cryptocurrency financial services firm, agreed to plead guilty to charges of market manipulation and wire fraud. The case represents the first-ever criminal charges filed against a financial services firm for market manipulation and “wash trading” in the cryptocurrency sector. […]
SEC Establishes Crypto Task Force: A New Era for Digital Asset Regulation
It does this through the announcement of a Crypto Task Force by the United States Securities and Exchange Commission that will oversee and enforce regulations in the burgeoning digital asset industry, marking a further shift from case-by-case enforcement actions toward more structured regulatory guidance to protect investors, prevent fraud, and ensure compliance across crypto markets. […]
Howard Lutnick’s Commerce Secretary Nomination Sparks Crypto Conflict of Interest Concerns
President Donald Trump’s nomination of Howard Lutnick, the billionaire chairman and CEO of Cantor Fitzgerald, as the next Secretary of Commerce has ignited a debate over potential conflicts of interest, particularly concerning the cryptocurrency industry. Lutnick’s Financial Entanglements Lutnick’s extensive financial holdings, especially in sectors like cryptocurrency, have raised eyebrows among lawmakers and industry observers. […]
CLS Global’s Guilty Plea: A Landmark in Crypto Market Manipulation Enforcement
In a landmark deal for the cryptocurrency world, CLS Global FZC LLC, a United Arab Emirates-based cryptocurrency financial services firm, agreed to plead guilty to charges of market manipulation and wire fraud. The case represents the first-ever criminal charges filed against a financial services firm for market manipulation and “wash trading” in the cryptocurrency sector. […]