The CFTC invoked emergency powers to keep Kalshi operating amid its legal dispute with New York. The commission classified New York’s enforcement action and temporary restraining order request as a market emergency. It directed Kalshi to continue operations under the Commodity Exchange Act and its Core Principles. New York seeks
Binance US CEO Steven Gregory announced at the RareEvo conference in Las Vegas that the exchange plans to apply for a Commodity Futures Trading Commission Designated Contract Market license next month. If approved, the license would allow Binance US to launch its own regulated prediction market in the United States,
The U.S. Commodity Futures Trading Commission has commenced a civil action in federal court against Trevor Vernon and Argent Capital Management LLC. According to regulators, the defendants operated an illegal commodity pool engaged in the trading of cryptocurrencies, futures, and options. As mentioned in the complaint, nearly 60 individuals have
The lawmakers continue their efforts in refining the CLARITY Act. It was expected that there would be updates regarding enforcement of the law on July 4. But the Senate did not offer any information on the law, leaving the media and citizens in despair. And, as a part of the
CME, which is the largest derivatives exchange worldwide, is ready to sue the U.S. Commodities Futures Trading Commission following the regulator’s decision to approve Bitcoin perpetual futures trading on the prediction market platform Kalshi. According to the firm, the contract should not be categorized as a futures contract but as
The Securities Exchange Commission and Commodity Futures Trading Commission issued guidelines that identified various digital assets under federal regulatory laws. The guidelines identified various crypto tokens, such as digital commodities, collectibles, tools, stablecoins, and digital securities. This guidance clarified that the Securities and Exchange Commission regulates digital securities and tokenized
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have agreed to work more closely together to regulate the cryptocurrency industry. The two regulators recently signed a memorandum of understanding (MOU) that aims to improve coordination and create a more unified approach to overseeing digital assets. Agreement’s
Michael Selig, the current head of the United States’ Commodity Futures Trading Commission, said that the organization will be addressing crypto perpetual futures soon. He stated it during a panel discussion at the Milken Institute on Tuesday. Selig emphasized the organization’s goal of introducing “true perpetual futures” into the United
The former president of the United States, Donald Trump, urged lawmakers to enact the U.S. Clarity Act, which links the economic prowess of the country with clear crypto rules. In a speech to lawmakers and industry representatives, Trump urged them to enact the Clarity Act to bring clarity to crypto
According to Wu Blockchain’s recent X post, JPMorgan analysts stated that a crypto market structure bill in the US may pass by mid-2026. This offering a positive catalyst in the second half of the year. Lawmakers introduced the crypto market structure bill, also known as the CLARITY Act. This is
