CFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals, advancing the agency’s buildout of a regulated US crypto derivatives …
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In brief Story Protocol developer PIP Labs has let go of several employees and contractors. The reductions come as the firm explores opportunities associated with AI. The company unveiled an $80 million Series B …
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Former Trump Chief Of Staff Targets Sports Prediction Markets With New Advocacy Coalition
by adminby adminGroup ‘Gambling Is Not Investing’ argues sports contracts bypass state gambling frameworks as CFTC defends federal derivatives authority A newly formed advocacy coalition led by Mick Mulvaney, who served as President Donald Trump’s White …
Altcoin Highlights
Block Inc Slashes 40% of Staff in Major AI Restructuring: Good for Crypto?
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Block Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The restructuring …
