Bitcoin: Brazil Approves Crypto Law Bill
Brazil’s Chamber of Deputies debates Bill 2946 to enforce mandatory registration for crypto services, aiming to stabilize VASP regulations by codifying Central Bank resolutions. #Update #Crypto
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
CFTC Approves Most Sports Contracts
The CFTC proposed a rule defining sports event contracts as gaming, banning five categories but allowing most. Event listings grew from 220 in 2021 to over 8,000. Legal
CFTC Approves Hyperliquid Perpetuals Trading
@Kalshi has launched Hyperliquid (HYPE) perpetual futures trading, approved by the US CFTC, with zero fees for a limited time. HYPE price surged over 10% to $59.40. #Update #Crypto $HYPE
Crypto Regulation Bill Set to Pass in Japan
Japan’s House of Representatives passed a bill to regulate cryptocurrencies as financial instruments, allowing for ETFs and imposing stricter rules, including an insider trading ban. #Update #Crypto $BTC $ETH
CFTC Approves Sports Event Contracts Framework
The CFTC proposed new rules favoring sports event contracts, clarifying they aren’t “gaming,” which may boost platforms like @Kalshi and @Polymarket amid growing institutional interest. #Update #Crypto $KAL $POLY
CFTC Drafts Major Prediction Markets Framework
The US Commodity Futures Trading Commission (CFTC) proposes a regulatory framework for prediction markets, focusing on sports wagering and excluding election-related contracts. Public comment period open for 45 days. #Update #Legal
Treasury’s GENIUS AML Rules Backed by Anchorage
@AnchorageDigital supports US Treasury’s proposed AML framework for stablecoin issuers, advocating for clarity on secondary-market sanctions liability. Concerns raised by industry groups echo similar sentiments. #Update #Crypto $USDC
SEC Delays SpaceX IPO Amidst Senator Push
U.S. Senator Warren urges SEC to delay @SpaceX’s June 12 IPO, citing valuation and governance risks. The offering could value SpaceX at $2 trillion, raising $75 billion. #Breaking #Legal
CFTC Bans Prediction Markets on US Enemies
The CFTC proposed banning prediction markets on outcomes related to war or assassination, affecting platforms like Polymarket and Kalshi; the proposal enters a 45-day public comment period. #Update #Legal
CFTC Approves New Prediction Markets Framework
The CFTC proposes a new framework for event contracts, offering clarity for platforms like @Kalshi and potentially benefiting @Polymarket amid reduced regulatory uncertainty. #Update #Legal
SEC Faces Backlash Over Stablecoin Rule
Paradigm and Hyperliquid Policy Center oppose U.S. stablecoin AML rules, warning they could deter regulated stablecoins from DeFi by conflating issuer with secondary market activities. #Update #Crypto
CFTC Proposes First U.S. Prediction Market Rules
The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation, aiming for a 90-day review process to assess contract legality while supporting responsible innovation in the industry. #Update #Legal $BTC $ETH
CFTC Proposes New Rules for Prediction Markets
The U.S. Commodity Futures Trading Commission (CFTC) plans to propose new rules for prediction markets, potentially impacting @Polymarket and @Kalshi, the leading platforms in the U.S. #Update #Crypto
Hedera Launches Product Passport for EU Compliance
@Merck and @Hashgraph Group launched a Hedera-based product passport to ensure compliance with new EU sustainability and supply-chain reporting requirements. #Update #Crypto $HBAR