As the crypto market has grown, FINRA has evolved our regulatory program to better understand the market and to oversee member firms and associated persons for compliance with the securities laws and FINRA rules. FINRA has identified potential violations of FINRA rules, and, while not exhaustive, some themes identified with respect to these potential violations are outlined below. ConsenSys and MoonPay Join Forces to Empower Nigerian Users With Easy Access to Crypto Directly in MetaMask The US Commodity Futures Trading Commission (CFTC) has again thrust the crypto world into the spotlight by filing a lawsuit against Binance and its founder, Changpeng Zhao (CZ). The charges stem from allegations that Binance knowingly offered unregistered crypto derivatives products in the US, violating federal law. As one of the world’s largest cryptocurrency exchanges, this news shocked the market, affecting Bitcoin, Binance’s native token BNB, and the broader digital asset market.
SINGAPORE: In February 2021, Elon Musk, CEO of Tesla, said the company had bought US$1.5 billion worth of bitcoins. ...And The Great FTX Collapse and Contagion ICYMI: ‘A kind of hell for journalists’