Bitcoin Perpetual Approved by CFTC
The Commodity Futures Trading Commission (CFTC) approved KalshiEX LLC’s BTCPERP, the first regulated bitcoin perpetual contract in the U.S., establishing a framework for onshoring crypto derivatives.
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
The Commodity Futures Trading Commission (CFTC) approved KalshiEX LLC’s BTCPERP, the first regulated bitcoin perpetual contract in the U.S., establishing a framework for onshoring crypto derivatives.
U.S. CFTC approves @Kalshi to list bitcoin perpetual futures, allowing U.S. firms to engage in this market. Coinbase also receives guidance for global options and perps via its CFM subsidiary. #Update #Crypto $BTC
Paxos Securities Settlement Company, LLC (PSSC) has received SEC approval to clear U.S. stocks on blockchain, enabling same-day settlements and bypassing legacy systems. #Update #Crypto $USDC
@Kalshi has filed a federal lawsuit against Minnesota’s new law criminalizing prediction markets, claiming it violates the Supremacy Clause and First Amendment rights. #Update #Legal $USDT
@Paxos has become the first blockchain-native firm registered as a clearing agency by the US Securities and Exchange Commission, enhancing crypto-based infrastructure for banks and brokerages. #Update #Crypto $PAXG
The Clarity Act, a U.S. crypto regulation bill, advances to the Senate for a decisive vote, potentially reshaping global standards despite criticism from Sen. Elizabeth Warren over money laundering concerns. #Update #Legal
The CFTC sues Rhode Island to prevent state gambling laws from regulating federally registered prediction markets, intensifying a jurisdictional battle over event-contract platforms. Legal
@FalconX has confidentially filed a draft S-1 registration statement with the SEC for a potential IPO, hiring Cantor and other bankers; market conditions may delay the listing until year-end. #Update #Crypto
The White House’s regulatory office is reviewing a proposed CFTC rule on prediction markets, potentially impacting platforms like Kalshi and Polymarket, as Trump supports federal oversight. #Update #Crypto $CFTC
The U.S. Commodity Futures Trading Commission seeks to annul a $5 million settlement with @Gemini, claiming prior complaints were unjustified under current standards. #Update #Legal $BTC $ETH
Trump pledges lasting U.S. crypto regulation amid SEC and CFTC coordination, emphasizing a future-proof market structure. Congress faces pressure to legislate pro-crypto messaging. #Breaking #Crypto $BTC
@Ripple has submitted proposals to the US SEC, seeking clarity on stablecoins, non-security crypto assets, and tokenized securities regulations, marking a significant push for industry guidance. #Update #Crypto $XRP
Polymarket enforces KYC amid regulatory scrutiny, facing ISP blocks in Spain and U.S. House inquiries on suspicious trading. #Update #Legal @Polymarket
U.S. President Donald Trump advocates for exclusive CFTC oversight of prediction markets amid legal challenges faced by operators Kalshi and Polymarket. #Breaking #Legal $BTC