Commodity Futures Trading Commission
28 stories
CLARITY Act Set to Redraw Crypto Market Power in the United States
The CLARITY Act could overhaul how U.S. crypto businesses operate by shifting regulatory boundaries and compliance costs. Trading platforms, DeFi protocols, and token projects face new winners and losers as legal lines are redrawn.
Supreme Court Showdown Looms Over State vs. Federal Crypto Betting Rules
A split between federal appeals courts has put the legality of prediction market sports bets in the hands of the U.S. Supreme Court, with New Jersey challenging the CFTC's authority over platforms like Kalshi
Deribit Dominates Coinbase Derivatives as Institutional Migration Nears
Deribit already holds over 96% of open interest shown on Coinbase's derivatives dashboard, with a September 9 migration set to shift institutional positions and change how trades are settled and managed for major clients
Hyperliquid Eyes US Market With Kraken Parent's Bitnomial Exchange
Hyperliquid is negotiating with Kraken's parent Payward to route crypto perpetual futures through Bitnomial, a CFTC-regulated exchange, potentially opening access for US traders and testing new regulatory pathways for decentralized derivatives.
XRP Short Sellers Face Mounting Pressure as Open Interest Surges
Leveraged funds have sharply increased their net short positions on CME XRP futures, even as open interest and token price rebound, setting up a potential squeeze if upward momentum continues
SEC Crypto Custody Rule Advances to White House Review
The SEC has submitted its proposed overhaul of crypto custody rules to the White House, a move that could reshape how investment advisers and funds manage digital assets for U.S. clients
Hyperliquid Pushes for Unified US Perpetuals Rules as Market Grows
The Hyperliquid Policy Center is urging the SEC and CFTC to create a single regulatory framework for perpetual contracts, as HIP-3 market volume surpasses $480 billion and legal pressure mounts from major exchanges.
Kalshi vs Polymarket: Regulation, Fees, and Market Access Compared
Kalshi and Polymarket both offer event-based trading, but their regulatory status, fee models, and market coverage differ sharply. U.S. users face distinct access rules, while international traders see broader options and crypto-native settlement.
CFTC Prepares Independent Crypto Rules as CLARITY Act Faces Delay
The Commodity Futures Trading Commission is moving to draft its own crypto market regulations, signaling it may act without Congress if the Digital Asset Market Clarity Act remains stalled in the Senate.
Kalshi Seeks CFTC Approval for Perpetual Futures on US Stocks, Copper
Kalshi has filed with the CFTC to launch perpetual futures tied to a major US stock index and copper, expanding beyond Bitcoin and raising new questions about regulatory oversight and competition in US derivatives markets
SEC Unveils Crypto Asset Exemptions With $75M Fundraising Cap
The SEC has introduced a proposal allowing crypto startups to raise up to $75 million annually or $5 million over four years without full securities registration, aiming to balance innovation with investor protections
CFTC Review May Delay CME's AI Compute Futures Launch
The CFTC is seeking public input on AI compute futures, potentially postponing CME Group's planned October launch as regulators weigh the risks and mechanics of trading AI computing power as a commodity
JPMorgan Ends Polymarket Banking, Eyes IPO Role Amid Regulatory Scrutiny
JPMorgan has closed Polymarket's bank accounts citing regulatory concerns, but the bank remains interested in underwriting a future IPO as the prediction market platform faces legal and compliance challenges in the U.S.
Cboe Seeks SEC Approval for 3x Bitcoin and Ethereum ETFs
Cboe is seeking a regulatory exemption to list 3x leveraged Bitcoin and Ethereum futures ETFs, even as existing 2x crypto funds have posted steep losses, highlighting the risks of daily resetting leverage for U.S. investors
Washington Court Forces Kalshi to Restrict Prediction Markets
A Washington state court has ordered Kalshi to block most event-based prediction markets for local users, intensifying the clash between state gambling laws and federally regulated crypto derivatives platforms
White House to Host Crypto Leaders as CLARITY Act Faces Setback
President Donald Trump will meet with top crypto executives and regulators at the White House as the Digital Asset Market Clarity Act's chances of passing this year drop sharply, raising new questions about the future of U.S. crypto regulation
SEC and CFTC Push Crypto Rules Without Congressional Approval
U.S. regulators are preparing new crypto rules that could reshape the industry, but without Congressional action, these measures may lack long-term durability and leave key market questions unresolved
CFTC Order Keeps Kalshi Running as $36B Lawsuit Escalates
A federal order allows Kalshi to keep operating after New York's lawsuit threatened to halt its event contracts nationwide, raising urgent questions about the boundaries between state gambling laws and federal derivatives regulation
Bitcoin Futures Yields Surpass Treasuries, Fueling ETF Inflows
Bitcoin futures carry trades on CME are now offering higher annualized yields than U.S. Treasuries, prompting over $850 million in net inflows to spot Bitcoin ETFs as institutional investors seek new sources of return amid shifting market conditions
Prediction Markets Pose Higher Risks Than Holding Crypto Directly
Prediction markets let users bet on crypto price outcomes, but the risk of total loss and complex mechanics make them far riskier than simply buying and holding digital assets like Ethereum or XRP
CME Blocks Nasdaq's Bitcoin Options Amid Regulatory Power Struggle
Nasdaq's plan to launch Bitcoin index options is on hold as CME Group challenges the SEC's approval, raising questions about whether crypto options fall under securities or commodities rules and who controls their listing and clearing
Senate Cloture Rules Stall CLARITY Crypto Market Bill
The CLARITY Act cleared Senate committees but still needs floor time, amendment handling, and likely 60 votes to end debate, with the August state work period pushing action into the fall for U.S. crypto markets
CLARITY Act Could Reshape U.S. Crypto Rules With Lasting Federal Law
The Digital Asset Market Clarity Act aims to replace fragmented U.S. crypto regulation with a federal framework, clarifying SEC and CFTC roles, asset classification, and investor protections while limiting regulatory uncertainty for developers and platforms
Federal Judge Halts Minnesota's Prediction Market Ban Before Launch
A U.S. district court has blocked Minnesota from enforcing a new law that would have banned prediction markets, citing likely conflict with federal derivatives regulation. The decision allows platforms like Kalshi and Polymarket to keep operating in the state for now.
Coinbase Brings Perpetual Futures to US as CME Sues CFTC
Coinbase has launched US-regulated perpetual-style crypto futures, importing a product that dominates global derivatives trading. CME is now suing the CFTC over its approval, putting the future of US perps in legal limbo
Gemini's $10M Bitcoin Donation to Trump PAC Raises Regulatory Questions
Gemini Trust's $10 million Bitcoin donation to a Trump-aligned super PAC comes as the exchange and the CFTC jointly seek to reverse a $5 million settlement, intensifying scrutiny of crypto's role in U.S. political funding and regulatory independence
Fanatics Acquires BGC Exchange to Launch Regulated Prediction Markets
Fanatics is set to acquire Water Street Labs and CX Clearinghouse from BGC Group, giving it direct control over a federally regulated exchange and clearinghouse for prediction markets in the U.S.
CFTC Tightens Scrutiny on Prediction Market Contract Filings
The Commodity Futures Trading Commission has issued a second warning to prediction market operators, demanding more detailed event contract filings ahead of a key July 27 regulatory deadline