Bitnomial has officially launched XRP US Dollar Myra (XRUY) Futures, marking the first CFTC-regulated XRP futures in the United States. The product applies for physical settlement, ensuring actual XRP is delivered upon contract expiration. Bitnomial’s new futures contract offers traders a compliant and transparent way to gain exposure to XRP.
Another day another exciting move from the Trump administration. In the latest development, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission collaborated on crypto regulations. The collaboration officially rolls on when a16z crypto policy chief, Brian Quintenz, joins as the CFTC chair. This move clearly demonstrated
The crypto industry is facing multiple reformations at the global leadership level after Trump’s re-election as the 47th US President. From appointing David Sacks as the White House AI & Crypto Czar to forming a Presidential Working Group to evaluate Bitcoin strategic reserve, the crypto industry is gaining unprecedented attention
Crypto.com and Kalshi Super Bowl bets under the legal Spotlight. The Commodity Futures Trading Commission (CFTC) is investigating them for sports-related prediction market contracts. On this, crypto exchange Crypto.com stated that they will continue providing wages on the Super Bowl. They will also work with the CFTC to address any
Coinbase Derivatives, the US-based cryptocurrency exchange subsidiary, is attempting to gain regulatory approval by filing documents with the Commodity Futures Trading Commission (CFTC). The assets include Solana (SOL) and Hedera (HBAR), with details of the new futures contracts. The filings imply that the exchange intends to extend the derivatives it
The free speech controversy has been going on for a while, since the US elections. Industry leaders and officials such as Elon Musk, Brian Armstring, and Mark Zuckerberg expressed their views on this issue several times on social platforms. On similar grounds, the US DOJ investigated Polymarket for allowing US
A mid-week slump has taken place in the crypto sector after the previous day’s grave incident. A daunting silence, not novel to the community, hangs over its X space and other sub-sectors. Prices have been working towards a recovery but not enough to grab a spotlight. Meanwhile, the CFTC has
President-elect Donald Trump’s forthcoming administration plans to reshape the regulatory framework for cryptocurrencies in the United States by granting the Commodity Futures Trading Commission (CFTC) authority over digital assets, including Bitcoin and Ethereum. If Congress approves, the CFTC’s expanded role will regulate the spot markets for digital commodities and oversee
On October 29, the CME Group, a leading player in the derivatives marketplace, received approval from the National Futures Association (NFA) to establish its own Futures Commission Merchant (FCM). The granted approval allows CME Group to manage customer accounts directly and deepen its role in futures trading. Yet, this move,
Cryptocurrency exchange Coinbase has filed a motion to compel the U.S. Commodity Futures Trading Commission (CFTC) to produce communications with issuers of 12 tokens that are central to a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The motion, filed in the Southern District of New York (SDNY),
