The U.S. regulator overseeing derivatives markets took action against three firms, one of which had previously employed a lawyer later appointed to lead its technology research division at the CFTC.
In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
The global standard-setters also cautioned that stablecoins adopted by multiple jurisdictions could potentially transmit volatility in a more abrupt manner than other cryptocurrencies.
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