Robinhood CEO Vlad Tenev says uncertainty over the longevity of US tokenization rules could prevent investors from committing substantial assets to tokenized markets, despite the securities regulator opening a temporary path for onchain stock …
Rules
- Bitcoin & Ethereum
Banking Groups Push Back on OCC’s Finalized GENIUS Rules on Stablecoin Yield
by adminby adminA lobbying group for US banks has weighed in on the Office of the Comptroller of the Currency’s (OCC’s) recently finalized rules on payment stablecoin issuance and custody, arguing that the regulator’s interpretation went …
Index provider MSCI has adopted new rules that could lead to Strategy, Metaplanet and Upexi being removed from its global indexes, while leaving several other crypto treasury companies facing potential exclusion. MSCI said Thursday …
Kalshi has lost another major round in its fight to offer sports prediction markets nationwide. The Sixth Circuit Court of Appeals ruled Friday that Kalshi has not shown its sports event contracts are swaps …
In brief The Federal Reserve proposed rules requiring Board-supervised payment stablecoin issuers to fully back their tokens with permissible assets like short-term Treasury bills, plus standardized capital requirements, risk-management standards and rules for safekeeping …
SEC Chairman Paul Atkins is framing the agency’s newly proposed Regulation Crypto Assets as a deliberate attempt to win back the crypto companies that left the United States over the past four years. Atkins …
- DeFi Market
Ninth Circuit Deals Kalshi Major Blow, Rules Sports Event Contracts Aren’t CFTC-Regulated Swaps
by adminby adminThe Ninth Circuit has dealt Kalshi one of its biggest legal losses yet, ruling that the platform’s sports-event contracts are sports bets—not swaps protected by the Commodity Exchange Act. The decision lets Nevada enforce …
SEC Change to Quorum Rules Took Affect After Commissioner Departed
After US lawmakers failed to pass a comprehensive digital asset market structure bill, financial regulators stepped up efforts to change rules around the oversight and enforcement of crypto companies and offerings. However, the two …
CFTC sends crypto rules to White House to review as Congress stalls on Clarity Act
“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday. The CFTC, …
Coinbase Investor Class Action Can Move Forward, Federal Judge Rules
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on …