CFTC Ignores Kalshi’s $5B Trading Activity
@Kalshi reports no contact from the Commodity Futures Trading Commission amid scrutiny over $5 billion in Ether perpetual futures trading, denying allegations of wash trading. #Update #Crypto $ETH
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Kalshi Confirms No CFTC Investigation Over Trading
@Kalshi asserts it is not under investigation by the CFTC despite scrutiny over trading patterns and significant volume on its ether perpetual contracts. #Update #Crypto $ETH
SEC Unveils New Tokenized Stocks Rules
@Robinhood CEO Vlad Tenev announced positive market reactions after the SEC’s Innovation Exemption, with $BTC and $ETH rising over 10% and Uniswap’s UNI gaining 30%. #Update #Crypto $UNI
SEC Launches New Tokenized Stocks Rules
@Robinhood CEO Vlad Tenev announced a positive market reaction to the SEC’s Innovation Exemption, with $BTC and $ETH rising over 10% and $UNI gaining 30% post-announcement. #Update #Crypto $BTC
SEC-Registered North Capital Acquired for $60M
@MoonPay will acquire SEC-registered North Capital for over $60 million in an all-stock deal to enhance its tokenization capabilities. The deal awaits regulatory approval. #Update #Crypto $BTC $ETH
CFTC Warns Prediction Market Manipulation
The CFTC’s Division of Market Oversight advises that prediction market contracts on specific individual actions are prone to manipulation, citing legal concerns and surveillance expectations. Legal
SEC Opens Door to Onchain Stocks Surge
@CFTC Chair Michael Selig advocates for “mass tokenization” of real-world assets to enhance financial systems, while @SECGov grants a temporary exemption for tokenized US stock trading. #Update #Crypto $BTC
SEC Approves ARK Tokenized Share Classes
ARK Venture Fund receives SEC approval to create Exchange and Tokenized share classes, allowing blockchain-based ownership records. No launch date announced yet. #Update #Legal
XRP Ledger Launches Payment Compliance Upgrade
An XRP Ledger upgrade, PermissionDelegationV1_1, could enable accounts to delegate payment and compliance tasks without sharing keys, pending 80% validator support by Oct. 5. #Update #Crypto $XRP
Chainlink Partners Infosys Powers 1.7B Accounts
@Chainlink partners with @Infosys to connect TradFi institutions to blockchain by 2026, leveraging Infosys’ 1.7B accounts. Details on CCIP and CRE usage pending. #Update #Blockchain
CFTC Warns Against Risky Prediction Market Contracts
The CFTC warns that prediction market contracts tied to individual actions pose manipulation risks, advising exchanges on oversight measures. A former trader faced penalties for exploiting privileged information. #Update #Crypto
SEC Warns of Cheating Risks in Prediction Markets
U.S. Commodity Futures Trading Commission warns that “mention markets” on prediction platforms like @Kalshi and @Polymarket may be vulnerable to manipulation, limiting event contract approvals. #Update #Legal
SEC Charts Custody Path for Crypto Assets
@SEC_Enforcement is set to propose new crypto custody rules after OMB clearance, aiming to clarify asset handling for broker-dealers and investment advisers. #Update #Crypto $BTC $ETH
SEC Filing Confirms Coincheck Chair Change
Coincheck Group’s Executive Chairperson Takashi Oyagi resigned for personal reasons, effective September 21. The leadership transition is confirmed without regulatory or financial distress implications. #Update #Crypto