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Connect scattered updates into a story you can understand.
According to PANews, citing The Block, the U.S.FTC is conducting an early review of allegations of deceptive or misleading advertising in the online sports betting industry; Kalshi and Polymarket are not expected to be within the scope of the review for now.
The U.S. Department of Justice is reviewing whether Binance complied with the 2023 year settlement agreement and investigating whether platform activity may involve violations of Iran sanctions. Officials did not indicate that Binance had violated the agreement.
PANews, citing Bloomberg, reported that the U.S. Department of Justice is reviewing whether Binance continued to allow transactions involving Iranian sanctions after the 2023 settlement. Binance said it has zero tolerance for sanctions violations.
The article says that the U.S. Securities and Exchange Commission suspended reviews of new crypto ETF due to a federal funding interruption, while listed products can still trade and process subscriptions and redemptions.
CFTC is extending its review of Nvidia GPU leasing-price futures, and the CME contracts originally planned for launch as early as the beginning of October are expected to be delayed.