Analysis News TheBitTimes.com

Paul Atkins , a former commissioner known for his market‑friendly and pro‑cryptocurrency views, was sworn in as the 34th chair of the United States Securities and Exchange Commission (SEC) in Washington on Monday, 21st of April. The appointment, confirmed by a 52–44 Senate vote on 9 April, hands the veteran Republican lawyer responsibility for overseeing the world’s largest capital market just as digital‑asset regulation reaches a turning point.​ NEW: The Committee congratulates @PaulSAtkins as he was sworn in as the next Chair of @SECGov. He will bring a common-sense approach to regulation and usher in an era of prosperity and innovation to make U.S. capital markets the envy of the world.https://t.co/7qJ1w78bkz — Financial Services GOP (@FinancialCmte) April 22, 2025 Immediate Priorities At the brief oath‑taking ceremony, Mr Atkins said the agency must “protect investors while allowing innovation to flourish”. According to senior staff, his first directive...

The Commodity Futures Trading Commission (CFTC) is filing charges against the firm behind Uniswap (UNI), alleging that it offered illegal crypto derivatives contracts. In a new press release, the regulatory agency says it has slapped Uniswap Labs with a $175,000 civil penalty and a cease and desist letter after it was allegedly found to be in violation of the Commodity Exchange Act (CEA). According to the regulator, Uniswap Labs never properly registered as a contracts marketplace but was operating as if it did. “Among the digital assets traded on the protocol and through the interface were a limited number of leveraged tokens, which provided users leveraged exposure to digital assets such as Ether and Bitcoin. The order finds these leveraged tokens are leveraged or margined commodity transactions that did not result in actual delivery within 28 days and therefore can be offered to non-Eligible Contract Participants only on a board of trade that has been de...