DoJ Says SBF's Request to Dismiss Charges Are Dumb (Basically)
The Breakdown
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Cryptocurrency and the CFTC's Risk Management Program
Binance Australia has been at odds with local regulators for some time now. In April, their license to offer derivatives products was revoked after it became clear that the exchange had erroneously classified 500 users as wholesale investors. The CFTC also issued guidance via their division of clearing and risk related to allowing registered firms to clear digital assets. Currently, major US derivatives instruments listed on traditional exchanges are cash settled so there's no need to handle digital assets.
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