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🚨 BREAKING: The CFTC has ordered prediction markets to drop state geo-blocks within 30 days — or explain why they can't.
Exchanges like Kalshi and Polymarket must open access to traders in every US state, the regulator says, because blocking users by location breaks federal impartial-access rules. But courts in Michigan, Nevada and other states have ordered those very same blocks — putting the industry between a federal order and court injunctions, with a December 5 deadline looming.
#CFTC #Kalshi #Polymarket #PredictionMarkets #CryptoNews #Finance
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com
10
320 Weergaven -
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🇺🇸 US DROPS $250 CRYPTO TRANSFER RULE
The US Treasury's FinCEN and the Federal Reserve have withdrawn their 2020 proposal to slash the cross-border transfer reporting threshold from $3,000 to $250.
✅ The $3,000 threshold stays in place — including for crypto transfers.
📅 The withdrawal takes effect when published in the Federal Register on Nov 9, 2026.
🔒 No further action on the 2020 proposal — any future change needs a fresh round of public comment.
A win for crypto privacy and lighter compliance for exchanges and users.
#Bitcoin #Crypto #FinCEN #FederalReserve #CryptoNews #Regulation #Zimbuck
7
145 Weergaven -
🚨 BREAKING: US Treasury cuts crypto exchange MEXC off from the US financial system.
FinCEN says MEXC handled at least $16B in transactions linked to sanctions evasion, cybercrime and other illicit activity — including around $1.5B tied to Russian sanctions evasion between May 2021 and May 2026.
The order takes effect 30 days after publication in the Federal Register. MEXC holds about $4.48B in assets, per DefiLlama, and has not yet responded.
#MEXC #CryptoNews #USTreasury #FinCEN #Bitcoin #Crypto
Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com
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83 Weergaven -
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