Interpreting the CFTC’s Lawsuit Against Ooki DAO

The Commodity Futures Trading Commission (CFTC) sued Ooki DAO, a decentralized autonomous organization, last week. The CFTC alleged Ooki DAO was offering leveraged and margin trading products without registering as a Futures Commission Merchant (FCM), a legal requirement in the U.S.

Sep 27, 2022
CDCROP: Asian currency money cash dollar bills (Twenty47studio/Getty Images)

Landmark International CBDC Test Deemed Success, BIS Says

A project involving multiple Asian central bank digital currencies (CBDCs) has been badged a success, facilitating over $22 million in foreign-exchange transactions, the Bank for International Settlements (BIS) said Tuesday.

Sep 27, 2022



CDCROP: UK United Kingdom British England Flag (Unsplash)
Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement

The U.K. government is still set on turning the country into a crypto hub despite the recent cabinet shuffle and new prime minister.

Sep 21, 2022
CDCROP: Red sky apocalyptic skyline (Patrick Perkins/Unsplash)
How the Tech Elite Plans to Escape an 'Apocalypse' of Its Own Making

Excerpted from Survival of the Richest: Escape Fantasies of the Tech Billionaires

Sep 19, 2022
CDCROP: Prime Minister Kishida Press Conference (Zhang Xiaoyu - Pool/Getty Images)
Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan

A handful of lawmakers are forming new policies, bypassing the usual lengthier route.

Sep 19, 2022
CDCROP: A MEATEC mining facility in Russia (MEATEC)
Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions

The war in Ukraine may have undermined many Russian companies, but not mining facilities: clients from the West keep coming to the country for cheap power and reliable uptime.

Sep 16, 2022

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