CFTC Approves U.S. Prediction Markets Launch
The CFTC has issued a No-Action Letter easing regulations on prediction markets and Event Contracts, allowing them to bypass swap rules. Concerns about insider trading remain. #Update #Crypto
United States
Bitcoin Enters Indiana Public Retirement Plans
Indiana’s legislature authorized public retirement plans to invest in digital assets and ETFs, with Governor Mike Braun expected to sign HB 1042 soon. The state also banned crypto ATMs due to fraud concerns. #Update #Crypto $BTC
U.S. Treasury Yield Surges with ING Insights
ING analysts warn that the 10-year U.S. Treasury yield’s resilience above 4% could tighten financial conditions, impacting riskier assets like cryptocurrencies. #Update #Crypto $BTC $ETH
Bitcoin Acquisition: US Expands Reserve Strategy
Treasury Secretary Scott Bessent announced plans for the U.S. to expand its bitcoin reserve beyond seized assets, marking a strategic shift in crypto accumulation. #Breaking #Crypto $BTC (+9) ↗