The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.
Seeks
- DeFi Market
Polymarket US Files AI Compute Contracts as CFTC Seeks Standards for Emerging ‘Digital Oil’ Market
by adminby adminThe CFTC is seeking public comment on how AI compute derivatives should be listed and overseen, including questions around liquidity, benchmark reliability, manipulation and customer protections, as Kalshi, CME, ICE, Polymarket US and Liquid …
- Bitcoin & Ethereum
UK Panel Calls Crypto Donations ‘High Risk,’ Seeks Immediate Ban
by adminby adminIn brief The joint committee called crypto donations an “unnecessary and unacceptably high risk” and wants a binding moratorium written into the Representation of the People Bill. The report demands a new national Political …
- Bitcoin & Ethereum
Trump-linked Truth Social seeks SEC approval for two crypto ETFs
by adminby adminYorkville America Equities, the asset manager behind a series of exchange-traded funds (ETFs) tied to U.S. President Donald Trump’s Truth Social brand, has filed registration documents for two new cryptocurrency ETFs, expanding its push …
- Altcoin Highlights
Revolut Seeks Full Peru Banking License to Deepen Latin America Push
by adminby adminKey Notes The British neobank filed its application with Peru’s SBS to provide deposits, loans and foreign exchange products. Regulatory review of capital requirements and governance protocols could extend for several months before authorization. …
- Blockchain Research
Arthur Hayes-Backed Family Office Seeks $250M to Buy Crypto Service Firms: Bloomberg
by adminby adminArthur Hayes’ family office, Maelstrom, is angling to raise $250 million for a debut private equity fund targeting mid-sized crypto firms, according to a Bloomberg report on Friday. The fund plans to invest $40 …
- Web3 Technology
US Seeks $14 Billion in Bitcoin From Cambodian Crypto Scammer in Record Forfeiture
by adminby adminThe United States on Tuesday announced that it is seeking the forfeiture of 127,271 Bitcoin, currently worth over $14.2 billion, in the largest such forfeiture action in the history of the Department of Justice. …
Metaplanet said Monday it raised $255 million in a private placement and launched a new warrant structure to fund additional Bitcoin purchases. Metaplanet raised about $255 million from institutional investors through a private placement …
ProphetX, a sports prediction platform currently operating under a sweepstakes model, has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) to register as both a Designated Contract Market (DCM) and a Derivatives …