U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger told the Consensus 2024 conference that the coordination between regulators to implement the Financial Innovation and Technology for the 21st Century Act (FIT21) could take months or years. “Even if FIT21 is enacted, we expect there will be extensive coordination

According to foreign media, Terraform Labs and its founder Do-Kwon Kwon have reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC) regarding a fraud case. The SEC filed the civil suit in November 2021, alleging that Kwon and Terraform Labs deceived investors about...