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The US Commodity Futures Trading Commission (CFTC) has issued consent orders against former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang. The orders, filed in a New York court, impose a five-year trading ban on both individuals. Ellison also faces a 10-year registration ban, while Wang received an eight-year registration ban. The CFTC stated that while Ellison and Wang were found liable for fraud at Alameda and FTX, their sanctions reflect their material assistance in the agency's investigations. The orders resolve the CFTC's enforcement actions against them. Both executives, along with former FTX engineering director Nishad Singh, had previously testified against ex-FTX CEO Sam Bankman-Fried, who was convicted and sentenced to 25 years. Ellison received a two-year sentence and was released early, while Singh and Wang received sentences of time served. The CFTC had previously ordered FTX and Alameda to pay $12.7 billion in disgorgement and restitution.

The U.S. Commodity Futures Trading Commission (CFTC) has issued consent orders against Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX. The orders, filed in a New York district court, require both to cooperate with the CFTC and impose a five-year trading ban. Ellison also received a 10-year registration ban, while Wang faces an eight-year registration ban. A CFTC official stated the sanctions reflect their substantial assistance in the commission's investigations related to FTX. This action concludes the CFTC's enforcement case against them, initiated alongside a December 2022 complaint against former FTX CEO Sam Bankman-Fried. The CFTC had previously ordered FTX and Alameda to pay $12.7 billion in restitution and disgorgement. Ellison and Wang, who testified against Bankman-Fried at his trial, faced fraud charges. Bankman-Fried was convicted and sentenced to 25 years in prison. Ellison served a shorter sentence and was released early, while Wang received credit for time already served.

U.S. Senator Kirsten Gillibrand (D-NY) is pushing for a legally enforceable ban to prevent presidents, their spouses, and senior officials from issuing, promoting, or profiting from cryptocurrencies while in office. She has made this ethics provision a condition for her support of the broader Digital Asset Market Clarity Act, a bipartisan crypto regulatory bill. Gillibrand argues that without a strong ban, the legislation would permit self-enrichment. Her push follows a Reuters/Ipsos poll showing 63% of American adults find former President Trump's cryptocurrency earnings inappropriate. Trump's 2025 financial disclosure reported over $1.4 billion in crypto-related income, largely from the "Trump" meme coin and World Liberty Financial. The poll also indicated 69% believe Trump allows private business interests to influence his presidential decisions. Gillibrand's initial focus was on officials issuing or promoting digital assets, but her latest position explicitly includes profiting from them, citing concerns over financial conflicts of interest. The ethics debate is now central to the Senate fight over the CLARITY Act, with several Democrats calling for stronger provisions on consumer protection, illicit finance, and market integrity. Critics say the current bill has enforcement gaps. The CLARITY Act faces a key procedural vote on September 15th, requiring 60 votes to advance. With 53 Republican seats, supporters will need votes from at least seven Democrats or independents if all Republicans support it. Gillibrand stated she will not vote to give any president a "taxpayer-backed license to cash in on the office."

Russia will launch its central bank digital currency (CBDC), the digital ruble, on September 1. Major telecommunications companies (MTS, Rostelecom, Megafon) and major online retailers (Wildberries, Ozon) are preparing to accept it for payments. However, Russia maintains its ban on using cryptocurrencies like Bitcoin for direct payments, drawing a clear line between state-controlled digital money and private alternatives. A new law mandates a phased adoption: large retailers must accept the digital ruble by September 2026, with smaller businesses following by 2028. All systemically important Russian banks are required to support the currency from launch. The digital ruble will be fee-free for individuals, accessible via existing banking apps, with monthly top-up limits. This move is positioned as a way to advance state-backed digital currency in daily transactions while preventing the adoption of cryptocurrencies and stablecoins, which the central bank views as a threat to monetary sovereignty. Despite the official push, recent public opinion polls indicate significant hesitation among Russians, with a majority expressing reluctance to use the digital ruble or receive salaries in it.

The authorities of Whiteville, a city in the United States, have implemented a ban on cryptocurrency mining. This moratorium is set to last for one year, until August 25, 2027, or until the city council can amend current zoning laws, which currently lack specific regulations for data centers and mining farms. Mayor Terry Mann stated that during this period, the city plans to study the impact of mining on local resources and public health. Officials will assess the water required for equipment cooling, electricity consumption levels, and the strain on city infrastructure. Concerns cited by city staff include the potential for uncontrolled mining to lead to high greenhouse gas emissions, pollution from diesel generators, excessive electronic waste, and significant noise pollution that could harm residents' health. While there are currently no active proposals for data center construction in Whiteville, the ban is a preemptive measure. City authorities also intend to use the year to study the regulatory approaches of other municipalities in North Carolina. This development comes as a 2023 CoinShares report indicated that Bitcoin mining in the U.S. is becoming less profitable due to rising electricity costs, the reduced block reward of 3.125 BTC, and increased network difficulty.