Sommers served two terms for the CFTC, with the second term being a five-year stint beginning in 2009 when she was nominated by former President Barack Obama. Sommers also spent time as the Policy Director and Head of Government Affairs for the International Swaps and Derivatives Association (ISDA), and also worked for the Chicago Mercantile Exchange (CME). Source
Cryptocurrency exchange Crypto.com has reportedly dropped out of a half-billion-dollar sponsorship deal with the Union of European Football Associations Champions League. According to a Wednesday report from SportBusiness, Crypto.com pulled out of a $495-million agreement with the Union of European Football Associations, or UEFA, which was close to being signed due to its legal team citing regulatory concerns with the exchange’s licenses in the United Kingdom, France and Italy. Had the deal gone through, Crypto.com’s branding would have been present for the UEFA Champions League for five seasons at a…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, we will discuss the price of Bitcoin, Ethereum, and the top altcoins. We’ll take a look at the cryptocurrency markets and the latest crypto news. 12:05 Market Watch 24:20 Expert TA 36:30 Twitter Buzz 49:15 Dormant Bitcoin 54:13 Stablecoin Debt 58:45 Bend-DAO’s 15 ETH 1:08:02 Vasil Update 1:16:30 Raoul Pal: ETH 1:21:23 XRP Japan 1:24:33 Quick Hits/Q&A Best Deals For BitSquad Members: 📊Binance ($600 sign up bonus and 5% off trading fees for the Bitsquad)➡️ 📚Learn more about crypto…
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto Legislation in Coming Months A legislative package expanding the regulatory framework for companies dealing with crypto assets has been submitted to the parliament by the government in Tbilisi. Its adoption is planned for the fall session of the legislature, Minister of Economy and Sustainable Development Levan Davitashvili…
The latest price moves in bitcoin (BTC) and crypto markets in context for September 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original
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According to the filing, Celsius has about 58,300 users who collectively deposited over $210 million with its custody and withhold, with 15,680 customers holding “Pure Custody Assets” worth around $44 million. The Bankruptcy Court for the Southern District of New York, which is overseeing the case, scheduled a hearing for Oct. 6, 2022 to discuss the matter. Source
Defunct crypto exchange Mt. Gox has said that a repayment date will be set in “due course” according to a document published by Mt. Gox trustee Nobuaki Kobayashi. Source
In the wake of allegations made by Crypto Leaks, high-profile crypto lawyer Kyle Roche has filed to withdraw as counsel on several crypto class-action lawsuits. According to a series of court records released on Aug. 31, Roche is understood to be “no longer involved” in Roche Freedman’s class action practice. The law firm has also filed to withdraw Roche as counsel in class action lawsuits involving Tron and Global Trading. Wow. A few days after being the subject of a controversial undercover video, @KyleWRoche has withdrawn as counsel for the Tether/Bitfinex…