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
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
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
Kalshi Faces Regulatory Scrutiny Over Ads
@BBB has referred prediction market @Kalshi to state regulators after the platform declined to participate in an inquiry regarding influencer disclosure practices. #Update #Legal
Ethereum Launches Compliance-Ready Confidential Transfers
@StarkWare launched STRK20, a privacy framework for ERC-20 tokens, while @Sui introduced confidential transfers, enhancing compliance-ready features amid growing regulatory scrutiny in the crypto space. #Update #Crypto $SUI
Bankman-Fried Seeks Pardon Amid Legal Turmoil
Sam Bankman-Fried has filed a presidential pardon request after being sentenced to 25 years for fraud. His claims of unfair treatment face opposition, including from Donald Trump. #Update #Legal $BTC
CFTC Approves Kalshi’s HYPE Futures Trading
@Kalshi has filed with the CFTC to launch perpetual futures for Hyperliquid ($HYPE), expanding its offerings after recently introducing Bitcoin and Ethereum perpetuals. $HYPE price rose 1% to $61.95 amid increased trading volume. #Update #Crypto $HYPE
SEC Oversight Intensifies After Warren Critique
Senator Warren questions CFTC’s ability to regulate crypto and prediction markets amid staffing cuts and industry influence. Congress considers expanding CFTC authority. #Update #Regulation
EU Compliance Costs Choke Web3 Innovation
The EU’s MiCA regulation imposes high compliance costs, hindering crypto startups while benefiting legacy financial institutions, warns @Ledger CTO Charles Guillemet. #Update #Crypto $BTC $ETH
SEC Targets Binance in $5B Crackdown
France warns crypto firms of prosecution under MiCA; Coinbase and Kalshi introduce regulated perpetual futures in the U.S.; Japan pushes for yen stablecoins. #Update #Legal
SEC Approves Securitize for NYSE Listing
@Securitize advances toward a public listing via SPAC merger after SEC approval of its Form S-4 registration. The firm manages $4B in assets and reported Q1 revenue of $19.5M, up 39%. #Update #Crypto