NFT News by Thebittimes.Com

The U.S.-based crypto exchange Kraken is launching its offerings in Belgium utilizing its EU subsidiary. Crypto exchange Kraken opens its doors to Belgium as part of its commitment to double down on its European presence. In a blog post on Nov. 7, the San Francisco-based crypto exchange said the move was made after the company had registered its services under the Virtual Asset Service Provider (VASP) regimes in Ireland, Spain, and Italy. You might also like: Kraken to launch stock and ETFs trading platform in 2024 Brian Gahan, managing director at Kraken Europe, said the exchange wants to educate more Belgians “about the transformative impact of crypto asset technology.” “We believe in offering a compliant trading experience powered by our industry-leading client service , robust security protocols and market-leading position in liquidity and volume for EUR crypto pairs.” Brian Gahan, managing director at Kraken Europe Kraken’s European...

The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test. The Commodity Futures Trading Commission (CFTC) has again labeled Ether (ETH) as a commodity in a Dec. 13 court filing — in contrast to statements from chief Rostin Behnam on Nov. 30 suggesting that Bitcoin was the sole cryptocurrency that should be viewed as a commodity. According to the CFTC, as per their filing today, ETH is a commodity . This really should put any Security designation to rest. pic.twitter.com/PkHWredNK4 — Hal Press (@NorthRockLP) December 13, 2022 In its lawsuit against Sam Bankman-Fried, FTX, and sister company Alameda Research, the regulator on multiple occasions referred to Ether, Bitcoin (BTC) and Tether (USDT) "among others" as "commodities" under United States law. “Certain digital assets are “commodities,” including bitcoin (BTC), ether (ETH), tether (USDT) and others, as defined under Section 1a...