The bill would amend the Commodity Exchange Act to include a new commodity category called "digital commodities" that includes Bitcoin and Ether.
August 5, 2022BNP Paribas agreed to pay USD 6 million for failing to correctly report over three million swap transactions. JPMorgan was fined USD 850,000.
July 7, 2022The orders follow the CFTC's $100mn settlement with five BitMEX entities last year over violations of US derivatives and AML regulations.
May 9, 2022The CFTC has fined Tether $41mn and Bitfinex's parent $1.5mn. Meanwhile New York prosecutors have directed two crypto lending platforms to cease operations.
October 21, 2021BitMEX unlawfully accepted orders and funds from US customers to trade cryptocurrencies and failed to have in place an AML and user verification programme.
August 12, 2021The Propex Derivatives trader is required to repay $21,000 in disgorgement and cease and desist from violating anti-spoofing and manipulation rules.
June 16, 2021The settlement requires Coinbase to pay $6.5mn, and desist from any further violations of the Commodity Exchange Act or CFTC regulations.
March 24, 2021Four individuals were charged for "willfully" failing to establish, implement, and maintain an adequate AML programme that included a KYC component.
October 3, 2020The CFTC has ordered Propex Derivatives to pay $1mn, comprising restitution, disgorgement, and a civil monetary penalty. The DOJ has also entered a deferred prosecution agreement with the firm.
January 23, 2020