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
NYSE is pushing blockchain settlement infrastructure as tokenized securities inch towards live markets. This was indicated by Lynn Martin, the president of NYSE, who revealed that the exchange continues building settlement infrastructure using blockchain technology during his comments in Seoul. NYSE was also part of the July tokenization pilot conducted
The Securities and Exchange Commission of the U.S. has initiated deliberations that may completely change the way investors can enter equity market every day. Regulators announced a September 17, 2026, roundtable to discuss extended trading hours. The discussion will be held at the headquarters of the SEC, Washington D.C., and
The New York division of the Federal Bureau of Investigation (FBI) issued an emergency alert to crypto users after a scam campaign on the Tron blockchain circulated fraudulent “FBI tokens” claiming to be from the federal agency. On March 19, FBI Newyork shared this warning on X that recipients should
Payments company Strike got a virtual currency licence and a money transmitter licence (MTL) from the New York State Department of Financial Services (NYDFS), permitting the firm to provide its Bitcoin services to residents and businesses in New York. Permitted in February, the approvals authorise Zap Solutions, Inc., which does
U.S. consumers ended the fourth quarter with $1.28 trillion in credit card balances, marking the highest level on record. The Federal Reserve Bank of New York found that there’s been a gain of $44 billion during the three months, which indicates how households depend on revolving credit amid mounting pressures.
The ex-mayor of New York City, Eric Adams, has introduced a Solana-based meme coin, which he says will help in fighting increasing hate and influence the next wave of revolution in the city. The token is named the New York City Token (NYC), whose launch was announced through a January
Brad Lander, the New York City Comptroller, attacked the recent proposal of Eric Adams to issue municipal bonds supported by Bitcoin, alerting that doing so will come with a financial risk and take away investor confidence. On May 29, Lander issued a statement in which he mentioned that he would
New York City’s Mayor Eric Adams has doubled down on his pro-crypto stance, announcing the creation of a new Digital Assets Advisory Council aimed at transforming New York into the world’s “crypto capital.” The announcement at the NYC Crypto Summit on May 20 signals the city’s intent to lead in
The New York Senator is making rounds across the media with his recent bill proposal in the state. He has introduced The New York State Cryptocurrency and Blockchain Act recently, which also included establishing a crypto task force. Ever since Trump’s election as the President in Nov 2024, crypto regulation
