After years of positioning itself as the dominant regulatory force in the digital asset space, often at odds with crypto advocates, the Securities and Exchange Commission (SEC) faces a significant shift in jurisdictional control. Amidst mounting frustration with the agency’s combative approach, the incoming Trump administration is pushing to expand the Commodity Futures Trading Commission (CFTC) ‘s powers, granting it jurisdiction over the $3 trillion crypto market. More CFTC...
Read More »New Solana-Based Prediction Market BET Achieves $20M Daily Trading Volume Milestone
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Read More »Vitalik Buterin Challenges CFTC’s Claims Labelling Polymarket as Gambling Platform
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Read More »Coinbase Challenges CFTC’s Proposed Rules on Prediction Markets
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Read More »Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair
Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities, all but settling the CFTC’s crypto turf war with its sister agency. “In its decision, the court re-affirmed that both Bitcoin and Ether are commodities under the Commodity Exchange Act,” said Benham in prepared remarks during a U.S. Senate committee hearing on Wednesday. Ethereum A...
Read More »Litecoin (LTC) Whales Boost Exchange Inflows amid Price Decline
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Read More »House Passes FIT21 Bill To Provide Crypto Legal Clarity With Two Thirds Majority
The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final tally of 279 ‘yea’ to 136 ‘nay’. A ‘Historic’ Step For Crypto Regulation Crypto...
Read More »a16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US
Coinspeakera16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US The United States Congress will vote on a bill that defines crypto decentralization as no single entity with a control of more than 20% of the voting power. a16z Crypto Publishes Web3 Letter Ahead of Major Regulatory Clarity in US
Read More »Coinbase Derivatives to Launch Oil and Gold Futures Contracts
CoinspeakerCoinbase Derivatives to Launch Oil and Gold Futures Contracts Coinbase has not limited its expansion to products and services alone as it equally pursues diversification outside the United States where it has faced several legal challenges. Coinbase Derivatives to Launch Oil and Gold Futures Contracts
Read More »Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
CoinspeakerBernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios. Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
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