Key Takeaways Peirce said regulators should understand evolving markets before deciding whether new rules are needed.Retail investors continue trading crypto, metals, ETFs, and perpetual futures through simplified digital platforms.Jurisdiction limits may shape future SEC oversight […]
The US CLARITY Act, which aims to provide the US crypto industry with greater regulatory clarity, is set to be voted on by the Senate Banking Committee on Thursday. On Friday, Senate Banking Committee chair […]
Key Takeaways Senate Banking leaders reportedly circulated the CLARITY Act draft text before a potential Thursday committee vote.Unresolved bracketed sections, ethics language, and stablecoin rewards remain key sticking points.Polling found 52% of voters support the […]
US Senator Kirsten Gillibrand said lawmakers working towards passage of a digital asset market structure bill likely need to meet three conditions before the chamber could vote on the legislation. Speaking at the Consensus conference […]
Key Takeaways: Rejecting the Digital Asset Market Clarity Act over a rule, banks seek to prevent deposit flights. Eleanor Terrett notes big banks aren’t 100% aligned, so they will next lobby the Senate over market […]
The US Securities and Exchange Commission has delayed the expected launch of the first exchange-traded funds (ETFs) linked to prediction markets after requesting more information about their structure and disclosures, Reuters reported Monday. The delay […]
Key Takeaways: Stablecoins face disruption as OCC rules may expand yield limits to third-party partners. Consensys argues proposal misclassifies DeFi activity and independent distribution arrangements. Regulatory outcomes could determine whether stablecoin markets expand broadly or […]
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket. The venture […]
Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System Key Takeaways: On April 30, the Central Bank of Brazil issued Resolution 561, banning crypto in cross-border payments. Analyst […]
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets. The resolution, passed by unanimous consent, changed the Senate’s rules […]
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