FX option expiries for Feb 6 NY cut

FX option expiries for Feb 6 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0200 2.5b 1.0250 2.2b 1.0300 2.5b 1.0320 1.7b 1.0325 1.8b 1.0350 1.2b 1.0380 1.1b 1.0400 2.1b 1.0410 1.3b 1.0440 1.9b 1.0480 915m 1.0500 2.6b GBP/USD: GBP amounts      1.2300 1b 1.2455 1.4b 1.2550 1.2b USD/JPY: USD amounts          … Read more

ByBit Back in India After Paying $1 Million in Fines

ByBit registers with India’s FIU, signaling a return to operations for traders. Regulatory pressures lead to $1.06M fine for ByBit’s non-compliance in India. India tightens scrutiny, requiring offshore crypto exchanges to meet AML standards. Cryptocurrency exchange ByBit has made progress toward getting back to business in India after fixing compliance issues with the country’s financial … Read more

SEC Moves Top Crypto Litigator to IT in Enforcement Shake-Up

US financial regulators are undergoing significant shifts in their approach to cryptocurrency oversight, with both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) making notable changes to their enforcement strategies. The SEC has reassigned key personnel involved in crypto-related litigation, while the CFTC is moving away from its previous approach … Read more

India Strikes Crypto Exchange Bybit: Major Fine Issued, Website Blocked

Crypto exchange Bybit has been fined and blocked in India for violating anti-money laundering laws, as authorities crack down on unregistered crypto operations in the country. Bybit Hit With Penalty, Website Blocked in India Over AML Violations The Indian Ministry of Finance announced last week that the Financial Intelligence Unit-India (FIU-IND) had imposed a financial … Read more

Is a Drop to $1 Coming?

XRP (Ripple) price has experienced a sharp correction, mirroring the broader crypto market decline. The token has fallen below a key resistance level, raising investor concerns. XRP is currently down over 30% from its peak of $3.40, approaching support levels seen before its previous highs.  Over the past week, the Ripple price has dropped 20%, … Read more