⚖️ Here’s this week’s crypto regulation update:
🇺🇸 United States: The CFTC has established a federal framework for certain leveraged retail crypto transactions. It has also proposed a new law addressing the relationship between event contracts and gambling. (bitcoin)
🇪🇺 Europe: Regulators have taken action against non-compliant stablecoins and laid out plans for direct oversight of major crypto service providers. (bitcoin)
🗽 New York: The settlement with Celsius co-founder Alex Mashinsky showed that state-level enforcement remains important. (bitcoin)
💡 In short: It has become clear worldwide that leverage and stablecoins are now in regulators’ sights, making compliance and risk management even more important for traders.
💬 Are clear rules good for crypto, or are they too strict? Let us know what you think!
⚠️ Not financial or legal advice. Do your own research and proceed with caution.#CryptoRegulation #bitcoin #CFTC #stablecoin #Binance $USDC $BTC
