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U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

2025.02.05 09:32:08

On February 5th, as per CoinDesk, Caroline Pham, who is the Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), declared that the regulatory agency has restructured its enforcement division in order to "recenter" its efforts on combating fraud and "shift away from regulation achieved solely through enforcement."
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Crypto.com Granted Conditional Approval by the U.S. OCC to Apply for a Federal-Level National Bank Charter

Crypto.com, the cryptocurrency exchange platform, announced Monday, Feb. 23, that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to apply for a national bank federal charter. The approval will enable the firm to offer digital asset custody and staking services under federal regulatory oversight.

10 minutes ago

A Whale Dormant for 3 Years Deposits 650 BTC into Gemini, Profits $25.37 Million

February 23 — Per Onchain Lens monitoring data, a dormant Bitcoin whale deposited 650.76 BTC (currently valued at ~$43.05 million) to Gemini exchange 3 hours ago, netting a $25.37 million profit. The whale originally withdrew these coins from Coinbase at an initial cost of $17.68 million.

10 minutes ago

Trump Unleashes Tariffs Again: As President, I Don't Need Congressional Approval

On February 23, former U.S. President Donald Trump posted on TruthSocial, stating that any country looking to "play games" regarding the absurd Supreme Court ruling — particularly those that have "taken advantage" of the U.S. for years, even decades — will face far higher tariffs than they recently agreed to, with potentially worse consequences. Trump later added that as president, he would not need congressional approval to impose tariffs.

10 minutes ago

Trump's Son Appears to Respond to Criticism, Retweets + Comments on WLFI Related Tweet

On February 23, Eric Trump—son of former U.S. President Donald Trump and co-founder of World Liberty Financial (WLFI)—retweeted an official WLFI post stating: “Very excited to bring the Trump Group to the Maldives and merge these two incredible worlds: hard assets and digital assets. World Liberty Financial will lead the way.” Previously, BlockBeats reported that Eric Trump deleted a retweet of another official WLFI post claiming “More USD1 trading pairs will be listed on Binance.” Following that, WLFI briefly dropped by over 8%, and USD1 temporarily broke its peg to 0.98 USDT.

10 minutes ago

US Stock Crypto Stocks Open Lower, COIN Down 4.46%, BMNR Down 4%

Bitget Market Data (February 23) — At the opening bell of U.S. equities markets, the Dow Jones Industrial Average dropped 0.33%, the S&P 500 Index fell 0.15%, and the Nasdaq Composite declined 0.13%. Crypto-related stocks trended broadly lower, with the following moves: - Coinbase (COIN): -4.46% - Circle (CRCL): -1.41% - MicroStrategy (MSTR): -3.00% - Gemini (GEMI): -1.37% - Bitmine (BMNR): -4.00% - StrongNode (SNODE): -3.42% - Bit Digital (BTBT): -1.22% - ETHZilla (ETHZ): -3.05% - ALT5 Sigma (ALTS): -3.12% - American Bitcoin (ABTC): -4.00% - Kindly Medical (NAKA): -4.33% - Solana Co (HSDT): -3.45%

10 minutes ago

WLFI Team Member: This was a sophisticated attack, and USD1 is fully compliant and fully backed

On February 23, Dylan—a core member of the World Liberty Financial team (handle: @0xDylan_)—posted on social media that someone orchestrated an "attack" targeting WLFI and USD1. USD1 is fully compliant and maintains 1:1 full collateralization.

10 minutes ago

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