Key highlights: The CFTC has secured a ban preventing former Celsius CEO Alex Mashinsky from trading commodities in the US. The ban ends the CFTC’s case with Mashinsky and Celsius after nearly four years. Mashinsky is serving a 12-year sentence for committing securities and commodities fraud. The Commodity Futures Trading Commission (CFTC) has ended its […]
Tag: CEA
By George Georgiev White House economists, part of the Council of Economic Advisers, reported today that banning crypto firms from offering customers yield on stablecoins won’t have a meaningful effect on community banks. This marks the latest developments in a notable conflict between the banking industry and the crypto industry. According to the Council: “The […]