By Nynu Jamal Key highlights: The CFTC has proposed a new crypto trading regulatory proposal. The regulator intends to bring a new registration category called “crypto asset market.” Market participants can submit their feedback on the proposal within 60 days. The US crypto market may be witnessing a significant transformation as the Commodity Futures Trading […]
Tag: FTX
By Nynu Jamal Key highlights: Sam Bankman-Fried has filed a petition in the US Supreme Court to overturn his fraud conviction SBF’s lawyers claim that the trial court did not allow him to present evidence for customer repayments The FTX founder has also filed for clemency, asking Donald Trump to pardon him Sam Bankman-Fried, the […]
By Jose Oramas Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused institutional trading business. The deal was signed and completed on Thursday and reported on Friday, paying $7 million in cash and about $35.5 million in stock at closing, with up to $15 million more in cash tied to two revenue milestones. The purchase brings NYDIG’s […]